With a view to support the most talented teams in different corners of the world, Binance will expand its incubation programs to 5 new cities.
The 24-hour volume at Binance tops over $1 billion with more than 160,000 24-hour web users.
A joint investment between the venture capital arms of Temasek Holding has sponsored the Binance expansion into Singapore.
Binance is actively looking to list more stablecoins in addition to the three it already supports and is currently evaluating almost all the stablecoins on the market.
The cryptocurrency exchange plans to open at least two fiat-to-crypto trading platforms in each continent in next one year slowly shifting towards having a completely decentralized exchange.
The new project of a Korean e-commerce company TMON aims at creating blockchain-based digital payment system. The solution is expected to lower the fees and help small retailers compete against industry giants.
Binance, the world’s largest crypto exchange based on volume, has made its first public acquisition, having bought a decentralized Trust Wallet that supports Ethereum and Ethereum-based tokens.