Vlad Kovalenko + 115 VK March 29, 2018 (edited) Binance and Bitfinex, two of the largest cryptocurrency exchanges in the global digital currency market, may completely move out of Asia this year, due to impractical policies. Biannce moved out of Asia to Malta while Bitfinex has been eyeing permanent relocation to Switzerland. Edited March 29, 2018 by Vlad Kovalenko Quote Share this post Link to post Share on other sites
BlackTortoise + 103 CM March 29, 2018 This is a logical move for Binance after revealing its plans to launch exchange Binance Chain, which is a decentralized digital asset. They are moving out from cryptocurrency- only trading. Quote Share this post Link to post Share on other sites
Stormysaga + 62 AB March 29, 2018 Smart. Switzerland and Malta are know as countries with friendly regulations towards ICO and cryptocurrency businesses. Binance and Bitfinex will be able to work without regulatory uncertainty and potential conflict with banking service providers. Quote Share this post Link to post Share on other sites
Selva + 252 SP March 29, 2018 This will be a big blow for Asia. It will lose its dominance over the global market. Quote Share this post Link to post Share on other sites