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Solidity News Saturday, March 24 Hong kong, Executive officer zhao, New heights & more…

Solidity News TLDR / Table of Contents

  • The company, founded last year in Hong Kong, is planning to open an office in Malta, Chief Executive Officer Zhao Changpeng said in an interview.
  • Regulators from China to the U.S. have been cracking down on cryptocurrency exchanges since last year, making it difficult for venues like Binance to find a permanent base.
  • Read more: What the Worlds Governments Are Saying About Cryptocurrencies – Zhao said he was also continuing discussions with authorities in Hong Kong, but that the outcome of those talks was uncertain.
  • Binance was among seven crypto exchanges to receive a warning letter in recent months from the citys Securities and Futures Commission telling firms not to trade digital assets defined as securities under Hong Kong law, a person familiar with the matter said.
  • Binance is also planning to launch a decentralized exchange in the coming months, Zhao told Bloomberg this month.

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