Where is Binance based?

Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters.

What is Binance Jersey?

In 2019, company announced Binance Jersey, an independent entity from its parent Binance.com exchange, with the aim to expand its European influence. Jersey based exchange offers fiat-to-cryptocurrency pairs, including the Euro and the British pound. In April 2018, Binance launched the Binance Charity Foundation.

Is Binance a 'hotbed of illegal financial activity'?

"Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao". Reuters. Retrieved 6 March 2023. ^ Kharif, Olga (2 March 2023). "Senators write a scathing letter to Binance alleging it's a 'hotbed of illegal financial activity' and has facilitated billions in criminal payments". Fortune. Retrieved 8 November 2023.

Does Binance face a US probe?

"Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths". Bloomberg News. Retrieved 27 June 2021. ^ "US Probes Binance Over Token That Is Now World's Fifth Largest". Bloomberg.com. 6 June 2022. Archived from the original on 21 July 2022. Retrieved 7 June 2022. ^ Melinek, Jacquelyn (27 April 2023).