#BinanceSafetyInsights Changpeng Zhao, who previously founded Fusion Systems in Shanghai in 2005. The company developed trading systems for brokers. In 2013, Zhao joined the cryptocurrency portfolio team at Blockchain.info. He also worked at OKCoin as Chief Technology Officer, a platform for instant trading between digital assets and fiat currencies.
In 2017, Binance moved its servers and headquarters from China to Japan before the Chinese government banned cryptocurrency trading. A year later, in March 2018, the company established offices in Taiwan. Its headquarters is currently located in the Cayman Islands, on Mahé Island, Seychelles.
The Binance platform announced that it will stop supporting its stablecoin BUSD starting December 15, 2023. The New York Department of Financial Services (NYDFS) ordered Paxos, the issuer of BUSD, to stop minting new BUSD tokens due to regulatory concerns. This comes following allegations from the U.S. Securities and Exchange Commission. The Binance platform is one of the most famous platforms worldwide for its credibility.
#BinanceSafetyInsights Bing Zhao, who previously founded Fusion Systems in Shanghai in 2005. The company developed trading systems for brokers. In 2013, Zhao joined the cryptocurrency portfolio team at Blockchain.info. He also worked at OKCoin as Chief Technology Officer, a platform for spot trading between digital assets and fiat currencies.
In 2017, Binance moved its servers and headquarters from China to Japan before the Chinese government banned cryptocurrency trading. A year later, in March 2018, the company established offices in Taiwan. Its headquarters is currently located in the Cayman Islands, on Mahé Island, Seychelles.
The Binance platform announced that it will stop supporting its stablecoin BUSD effective December 15, 2023. The New York Department of Financial Services (NYDFS) ordered Paxos, the issuer of BUSD, to stop minting new BUSD tokens due to regulatory concerns. This comes following allegations from the U.S. Securities and Exchange Commission. Binance is one of the most famous platforms globally in terms of credibility.