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Does Binance want to expand its business to South Korea?


Craig Nicholas

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Binance does seem keen on setting up a company branch in South Korea. Binane is the biggest cryptocurrency exchange by volume and is rumoured to be working with local partners in South Korea to launch another exchange in the country. The rumours remain unconfirmed even after CEO Changpeng Zhao gave an interview on the 16th July, where he was asked about the South Korea exchange.

He told the public that Binance does not know the details of the establishment of the new office in South Korea. On the other hand, a global representative of Binance completely denies the news report. He said that the crypto platform has not discussed if or when they want a Korean subsidiary.

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