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 world’s leading cryptocurrency exchange, Binance has entered the Singaporean market launching a beta modul of the fiat-to-crypto exchange.
Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years.
Malta has become a very atrracrive country for crypto firms. Binance is planning to launch a crypto exchange in cooperation with the Malta Stock 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.
The Chinese authorities make new attempts to block the access to the overseas crypto trading platforms. Local websites and WeChat accounts accused of providing crypto trading or ICO services also get under the hammer.
Binance has currently released a “rough, pre-alpha” of the decentralized exchange, which is currently only client-based with no working graphical user-interface.
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.
Malta-based Founders Bank is to become the first community-owned decentralized blockchain-friendly banking institution in the world’s history.
In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.