Binance was founded in China by a Canadian citizen
Binance launched in 2017. The company was founded by Changpeng Zhao, known in the crypto community as CZ. He was born in China and moved with his parents to Vancouver at the age of 12.
Before creating Binance, he founded a company called Fusion Systems, which developed trading systems for brokerage firms.
He learned about cryptocurrencies in 2013 when the head of $BTC China, Bobby Lee, and his investor suggested to Zhao during a poker game to convert 10% of his capital into Bitcoin. Initially, he did so, and a year later he sold his house to buy more bitcoins.