Binance Jersey has listed a proprietary GBP-backed stablecoin that confirmed that the major industry player had its sights on imminently issuing its own fiat-pegged assets, starting with a cryptocurrency 100% backed by the British pound.
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability.
Binance has launched a new Fiat-to-Crypto Platform in Singapore called Binance SG. The Changpeng Zhao-led firm partnered with Vertex Ventures for this and to also grow the cryptocurrency and blockchain ecosystem in Singapore.
Binance has additional plans to grow the Singapore blockchain ecosystem with investment partners Vertex Ventures China as well as Vertex Ventures Southeast Asia and India (‘Vertex’).
Even though some media are claiming that Ethereum is being assaulted on a completely different front by an unexpected foe: Binance, that just doesn’t seem true, here’s why.
Binance has just announced the launch of its crypto exchange in Singapore which comes six month after the exchange got the investments.
A joint investment between the venture capital arms of Temasek Holding has sponsored the Binance expansion into Singapore.
The world’s leading cryptocurrency exchange, Binance has entered the Singaporean market launching a beta modul of the fiat-to-crypto exchange.