Edition BlockInPress reports that the largest cryptocurrency exchange Binance plans to launch a regulated platform in South Korea. Negotiations are already underway for launch, but their results are not yet known.
“We do not know the details associated with the launch of the Korean branch of the exchange. We work with local partners, but there are no details yet, ”says the publication of the words of Binance CEO Changpeng Zhao.
It is also reported that Binance has registered the company Binance LLC in South Korea, and its manager is Jiho Kang. At the same time, Kahn’s profile on the social network for professional contacts LinkedIn states that he is a co-founder and partner of the KRWb project of the FXT company BXB.
Note that at the beginning of the year it was reported
Binance plans to launch 10 local marketplaces, including in Russia and South Korea. Recently a crypto-fiat exchange was launched in Singapore. In addition, the expected launch of a regulated platform for US traders.