Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Binance Is Considering France For Its Headquarters

Nathan Ferguson December 13, 2021 3 min read

Binance, following years without any long-standing home, has focused its attention towards France to be its final destination. Changpeng Zhao (the exchange’s founder) stated that the country would be the regular selection regarding a head office.


trade now

France, the expected home for Binance

It has been revealed by Changpeng Zhao (the CEO of Binance) that the respective country will provide the best location for headquartering Binance (which has up till now mostly accepted a decentralized status. He disclosed this during an interview with Les Echos (a French paper) this week, in which he additionally expressed his opinion regarding the topical problems in the ecosystem of cryptocurrency. On being asked about his strategies regarding building a headquarters in Europe, he responded in affirmative. He referred to the growing regulatory pressure and indicated the need for global, regional, as well as native offices.

To a great extent, the natural choice for a global as well as regional head office would be France, Zhao described. In advance of constructing an office, he mentioned that the instant trial for Binance deals with acquiring the native authorizations. He unveiled that the respective exchange is beforehand conversing with the watchdogs, and he is quite optimistic for an approval to be provided during the period of up to 6-12 months. He elaborated that the watchdogs are pro-business but much difficult to be handled, and are determined to guarantee that the exchange fulfils the entire requirements.

France, as well as, Binance have traversed the tracks previously following the announcement of the exchange to fund 100M euros for the development of the crypto ecosystem of France. Changpeng Zhao further explained that 20% of the funds would be spent on native crypto investments, whereas an additional 20% thereof will be specified for sponsorship and education. The decision of the exchange to shift in France stunned the community as during the recent month, Ireland was suggested by Zhao as being planned for a global headquarters.

A group of ex-regulators

During August, the Binance CEO prioritized incorporating more personals having regulatory and compliance experience. In the last month, a former agent of Europol, Nils Andersen-Road, entered the exchange being a participant of the investigations team as well as the audit. An ex-agent of IRS, Tigran Gambaryan, got the post of Global Intelligence and Investigations’ Vice President whereas a former criminal investigator at US Treasury, Greg Monahan, is currently serving as the reporting officer for the Global Money Laundering.

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Miami Mayor Plans To Cash Out $21 Million In Cryptocurrency To Distribute To Citizens
Next: BoE Wants Uniform Crypto Policies Globally

Related Stories

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
2 min read
  • Blockchain
  • Cryptocurrency
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Web3

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors

August 7, 2022
Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
3 min read
  • Cryptocurrency
  • News
  • Regulation

Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals

August 6, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$24,133.00
5.04%
ethereum
Ethereum (ETH)
$1,773.68
5.19%
tether
Tether (USDT)
$1.00
-0.21%
usd-coin
USD Coin (USDC)
$1.00
-0.26%
binancecoin
BNB (BNB)
$330.00
5.76%
ripple
XRP (XRP)
$0.382742
2.79%
cardano
Cardano (ADA)
$0.55
5.51%
Binance USD
Binance USD (BUSD)
$1.00
-0.13%
polkadot
Polkadot (DOT)
$9.31
10.13%
dogecoin
Dogecoin (DOGE)
$0.071016
3.59%

Recent Posts

  • Zero-Knowledge Proofs – All You Need To Know
  • Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
  • How to Earn Passive Income via DeFi
  • Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
  • Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
  • FXCC Review – Is FXCC Scam or Satisfactory as a Broker?
  • Shiba Inu: SHIB’s Burn Rate and Binance Factor to Zero in On
  • GMPortal Review – Is GMPortal Scam or a Proper Broker?
  • Bitech Max Review – Is Bitech Max Scam or a Proper Broker?
  • Ellis and Burlington Review 2022 (ellisandburlington.com) – Should You Consider This Recovery Company?
  • Everything You Need To Know About Ethereum Classic (ETC)
  • TRON’S July Performance: Was It Impressive?
  • What is Metaverse Index (MVI)? A Beginner’s Guide
  • Ledger Seeks Additional $100M In Funding
  • Binance Account Bound Token Aims At KYC User Credentials

Categories

You may have missed

Zero-Knowledge Proofs – All You Need To Know
11 min read
  • Blockchain
  • Guide

Zero-Knowledge Proofs – All You Need To Know

August 8, 2022
Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
2 min read
  • Blockchain
  • Cryptocurrency
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Web3

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors

August 7, 2022
How to Earn Passive Income via DeFi
11 min read
  • DeFi (Decentralized Finance)
  • Guide

How to Earn Passive Income via DeFi

August 7, 2022
Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%