Hey, guys! Great news from Binance again.
One of the biggest and most popular crypto-exchanges, Binance, after yesterday's warning from Japanese regulators for operating without approval, decided to open a new office in Malta.
As we all know, Malta has a friendly environment for crypto-related projects. This country tries to become a "trailblazer" in the regulation of blockchain-based businesses. For that reason, the local government had launched the Malta Digital Innovation Authority in order to provide legal clarity for companies developing Blockchain technologies, cryptocurrencies, and ICOs.
Malta's Prime-Minister has already welcomed Binance's moving to its country and expressed his excitement concerning this news.
The CEO of Binance, Zhao Changpeng, said that soon Binance is going to announce important partnerships with Maltese banks. Binance is going to launch a new decentralized exchange with the ability to exchange crypto for money and vice-versa. In order to provide such possibility, Binance is going to secure a deal with local banks that can provide access to deposits and withdrawals.
Sounds like a great news! The favorite exchange is going to make it easy to monetize our crypto assets and experience all the benefits of their value.
These news have already resulted to BNB's price growth (11,48$). So, don't miss your chance to make some profit on it.
Have a nice day, everybody!