#BinanceTurns8

The company was founded in China, but moved its servers and headquarters to Japan in anticipation of the Chinese government's ban on cryptocurrency trading in September 2017. In March 2018, the company established its offices in Taiwan.[9]​[8]​

In January 2018, it achieved a market capitalization of $1.3 billion for its token (BNB).

In March 2018, Binance announced its intentions to open an office in Malta following stricter controls in Japan and China. In April 2018, Binance signed a Memorandum of Understanding (MoU) with the Government of Bermuda.