- Volkswagen selected bankers for its Porsche IPO, according to Bloomberg. Tutorial. According to Binance's blog post on February 3, it participated in a Virtual Asset Investigation Course (VAIC) by the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force (HKPF). It doesn't matter where in the world you are. An expert in blockchain and trading systems, CZ has built Binance into the leading blockchain ecosystem, comprised of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT, and more. , a San Francisco-based venture capital firm, raised $130 million for a sixth fund focused on seed-stage startups. Binances first attempt at a physical location didnt turn out so well. China's [] Zhao responded, saying it is the beauty of blockchain. BNB Chain is a community-driven blockchain software system with developers and contributors from all over the world. ), (On this day, 4 Hong Kong companies were registered! The SFC noted Binance operates at this website: https://www.binance.com/zh-HK. - Cross River, a Fort Lee, N.J.-based technology infrastructure provider for financial service companies, raised $620 million in funding led by Eldridge and Andreessen Horowitz and was joined by investors including T. Rowe Price Investment Management, Whale Rock, Hanaco Ventures, and others. It features a strong focus on altcoin trading. or. You also have the option to opt-out of these cookies. Requirements. February 3, 2023. By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Even the global exchange firm CEO did not provide a definite answer to the question when asked. This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Despite the installation of machines dispensing hard wallets for digital yuan, only 625 wallets were obtained in the first four days since their installation. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. And, of course, it is picking a home base, though if Binance has made a decision as to where, theyre not saying just yet. A deal could value the division at around $4 billion. Add funds to your crypto account to start trading crypto. The gruesome killing of Choi, 28, has . Binance Core Values guide our behavior, decisions, and action, enabling unified collaboration across our diverse, international teams. We work as a team towards shared goals to build the ecosystem together. Get 24/7 chat support with our friendly customer service agents at your service. Open rare Mystery Boxes, explore IGOs, Fan Tokens, and more with Binance NFT. Hysan Avenue, More trouble at ActivisionU.S. authorities are investigating a meeting that took place prior to a very profitable options trade made in Activision Blizzard, per theWall Street Journal. TOKYO/HONG KONG -- Binance, the world's largest cryptocurrency exchange by trading volume, is looking to set up physical headquarters in multiple jurisdictions in a major concession to. In 2020, CZ was recognized in the Bloomberg 50 as one of the most influential people of the year. Binance Overview Website: www.binance.com Headquarters: Singapore, Singapore Size: 5001 to 10000 Employees Founded: 2017 Type: Company - Private Industry: Internet & Web Services Revenue: $2 to $5 billion (USD) Competitors: Coinbase, Crypto.com, FTX Exchange Create Comparison This category only includes cookies that ensures basic functionalities and security features of the website. Its April Fools Day And it feels like a great time to launch the Term Sheet cartoon! Responsibilities. HONG KONG, Aug 6 (Reuters) - Binance, one of the world's largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has made to improve compliance standards. Available Here. Any phone calls or direct messages on social channels from people claiming to be Binance.US Support are likely spam/phishing, do not respond to these and contact us immediately. ), (On this day, 489 Hong Kong companies were registered! Binance has become a popular target. - Yonder, a London-based credit card provider, raised 20 million ($26 million) in funding led by Northzone and LocalGlobe. Financial terms were not disclosed. Reportedly, Financial times have also published this claim partly. , a Chesterfield, Mo.-based wealth management firm. Crypto Deposit Not Credited. The crypto market has grown enormouslyits market cap passed $2 trillion once again earlier this monthand regulators worldwide are playing catch-up. Crypto exchange Binance is hiring M&A talent in Hong Kong. Manage and maintain the company's tax information and supporting documents. Binance had a series of domiciles: Hong Kong, Japan and then Taiwan. The official wallet of Binance, Trust Wallet, is a secure, decentralized wallet where users can send, receive and store their digital assets. Cartoonist Ian Foley, a startup founder and investor from Belvedere, Calif., will be bringing a little dose of humor to your inboxes each month. You can expect to have a chuckle at the likes of venture capital, blockchain, A.I., fintech, and quantum technology. But opting out of some of these cookies may affect your browsing experience. Chief exec Changpeng Zhao initially co-founded Binance in Hong Kong back in July 2017 alongside chief marketing officer Yi He. All customer support is handled via our support ticket system or email. - Inner Cosmos, a Portola Valley, Calif.-based neurotechnology company focused on alleviating cognitive disorders, raised $10 million in seed funding led by lool ventures and was joined by investors including KittyHawk VC, Loup Ventures, and others. led the round and were joined by investors including, , a Palo Alto, Calif.-based application development provider of tools, content, and services for developers, raised $105 million in Series C funding led by, , a San Francisco-based biotechnology company focused on developing medicines for genetically defined neurological and immunological diseases, raised $100 million in Series C funding led by, , a Hawthorne, Calif.-based space startup focused on aerospace and defense manufacturing through autonomous production, raised $90 million in Series A funding led by, , a Kansas City, Mo.-based business management software provider for flight schools, universities, flying clubs, and other aviation constituents, raised $31 million in funding from, , a London-based credit card provider, raised 20 million ($26 million) in funding led by, , a San Francisco-based devops platform that delivers applications to the cloud, raised $20 million in Series A funding led by, , a Boston-based dental diagnostic A.I. TL;DR Breakdown. Prepare tax returns, payments, necessary paperwork, and reports for direct and indirect tax filings. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. The ban saw other exchange firms move out of China too, like KuCoin, OkCoin, etc. Binance stores 10% of all trading fees in a secure asset fund to protect a share of user funds. Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. Binance CEO Changpeng Zhao on Monday filed a lawsuit against Bloomberg Businessweek's Hong Kong publisher Modern Media CL claiming defamation over a translated Chinese language article title . Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Reach more customers as you pay and get paid in crypto with our borderless payment technology on Binance Pay & Binance Marketplace. The crypto exchange has been at the forefront of investigating and preventing virtual asset-related crimes. Easy, safe, and secure Join 110 million+ customers. But Zhao seems just as puzzled as the rest of us at just how much money some individuals are willing to spend on NFTs: I think people may have lost their mind, he said. Hong Kong's markets regulator also issued a warning over the exchange's stock tokens trading programme, which had earlier in 2021 faced scrutiny in the UK and Germany. , a Mainz, Germany-based glass maker, is considering an IPO for its pharma arm sometime next year, according to Bloomberg. Six months later after warning from Japanese regulators Zhao and compatriots made the executive decision to sail off to the faraway, bountiful shores of Malta. Coinbase is the most trusted place for crypto in Hong Kong. He has a knack for analysing issues and updating people on what's happening around the globe. You will be asked to act as a sounding board to the . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Complete the identity verification process to secure your account and transactions. Binance, the worlds biggest crypto exchange, told regulators it will announce a proper headquarters very soon, Zhao told Vivienne Walt for Fortunes latest cover story. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, Buy, trade, and hold 350+ cryptocurrencies on Binance. Binance Core Values guide our behavior, decisions, and action, enabling unified collaboration across our diverse, international teams. Change Email Address. Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars - CoinDesk Consensus Magazine Bitcoin Calculator Consensus Webinars Indices About Markets Finance Technology Web3 Policy. Binance Launches Easy Bank Payment: Deposit & Trade EUR to Get Up to 10 USDT in Rewards 2023-03-01. You can add funds with a variety of payment methods. Locations. Things, however, started to go wrong in Japan on March 23rd when a letter was addressed to Zhao by Japans Financial Services Agency (FSA), warning the firm to cease activities in the country without a license. Because Bitcoin does not have an office. Binance's key executives include Changpeng Zhao and 8 others. Companies registered on other dates in Hong Kong, (On this day, 337 Hong Kong companies were registered! - Lumanity, backed by Arsenal Capital Partners, acquired Innovative Edge, a Kent, U.K.-based pharmaceutical product launch services provider. Binance Research provides institutional-grade research reports, data-driven insights and analysis for investors in the crypto space. Later on, all official arbiters and addresses were silently removed altogether. - VideaHealth, a Boston-based dental diagnostic A.I. . The Binance Gift Card is a safe and fast way to send cryptocurrencies to Binance users and friends - at no extra cost.Make a gift to your loved ones and give them the beginning of an adventure in the world of cryptocurrencies! Financial institutions of Lithuania and Hong Kong have both issued warning statements against Binance. Binance, the world's largest cryptocurrency exchange by traded value, is planning to open an office in Malta soon the company's founder Zhao Changpeng told Bloomberg. All Rights Reserved. Mar 2022 - Dec 202210 months. However, about two months ago, a flurry of reports started doling in claiming that the Malta Financial Service Authority (MFSA) never approved for the exchange firm to operate in the country. Profile Location: Hong Kong Profile 15/F, Pacific Plaza, 418 Des Vouex Road West Powering the Future of Money, Now! Notable is that news organizations continued to report Binance was headquartered in Hong Kong nearly two years after its departure. Chainalysis determined that roughly 27%, or $756 million, wound up on Binance. What's our secret to success? Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development. Reuters, FRANCESCA REGALADO and MICHELLE CHAN, Nikkei staff writers, Malaysia takes aim at Binance CEO as global crackdown escalates, Hong Kong's 29-year-old crypto billionaire: FTX's Sam Bankman-Fried, In depth: the fall of China's last bitcoin mining haven, Hong Kong crypto exchange FTX Trading hits $18bn valuation, Vietnam to pilot virtual currency as crypto thrives in gray zone, China warns stablecoins are a risk to global financial systems, Asia crypto sector stays confident despite China regulatory curbs, South Korea's 'kimchi coins' feel heat as crypto rules tighten, NFT is not cryptocurrency, Ant Group says amid crackdown, Binance revives Singapore crypto permit bid despite U.S. pressure, India presses for crypto rules at G-20 but faces hurdles toward ban, Justin Sun to move crypto exchange Huobi's Asia HQ to Hong Kong. We get things done. Simple & Secure. To chat with a live support team agent, follow these instructions: On app 1. Plans to sell Voyager Digital's assets to Binance US are "on track" after customers of the bankrupt crypto broker overwhelmingly voted in favor of the proposed restructuring plan. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Ensure compliance with regulations by forwarding required . Binance (Hong Kong) Limited is a Hong Kong company, Offers may be subject to change without notice. Discover a wide selection of personalized card designs to collect in your private collection or share them with others. The exchange firm, after having to move out of China, moved to Japan to continue operations. Users will not be able to open new derivatives products accounts with immediate effect, and Hong Kong users will have to close their existing positions from a date to be announced, the statement said, adding this was "in-line with our commitment to compliance", Regulators in Hong Kong as well as in Britain, Germany, Japan and Italy have been ratcheted up pressure on Binance in recent month, worried about consumer protection and the standard of anti-money laundering checks at crypto exchanges generally. Binance is a blockchain and cryptocurrency infrastructure provider. Binance . A deal could value Porsche at around 90 billion ($100 billion). Financial terms were not disclosed. Hong Kong. , a Vancouver-based blockchain protocol developed to connect decentralized applications across multiple blockchains, raised $135 million in funding. ). We aim to be the global trailblazers in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies -JM @SilvioSchembri https://t.co/3qtAQjOpuQ, But by 2020, Maltese regulators made it clear that Binance is not authorised by the Maltese Financial Services Authority (MFSA) to operate in the cryptocurrency sphere and is therefore not subject to regulatory oversight by the MFSA.. ), (On this day, 647 Hong Kong companies were registered! ), (On this day, 9 Hong Kong companies were registered! Binance the world's largest cryptocurrency exchange by trading volume today announced that it will be restricting the use of its derivatives products for customers from Hong Kong.. Fast facts. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Click the link in the email we sent to to verify your email address and activate your job alert. Terms & Conditions. Lastly, the exchange landed in the Cayman Islands: the renowned bastion of money laundering and tax evasion. Grew CRM channel and Singapore's active buyer base and increased repurchase rate . solution, raised $20 million in Series A funding led by, , a Tel Aviv-based security management platform for software applications, raised $20 million in Series A funding led by, , a London-based e-trading platform, raised $17 million in Series A extension funding led by, , a San Francisco-based e-commerce operations platform, raised $11 million in Series A funding led by, a Portola Valley, Calif.-based neurotechnology company focused on alleviating cognitive disorders, raised $10 million in seed funding led by, , a San Francisco and London-based passwordless authentication platform, raised $9 million in funding from investors including, , a Wilmington, Del.-based online residential mortgage platform for foreign investors, raised $5 million in seed funding led by, , a New York-based freelance payroll platform, raised $4.5 million in seed funding from investors including, , an Irvine, Calif.-based company connecting businesses to remote talent, raised $2.1 million in seed funding from investors including. - Flight Schedule Pro, a Kansas City, Mo.-based business management software provider for flight schools, universities, flying clubs, and other aviation constituents, raised $31 million in funding from Mainsail Partners. Type Private Status Active Founded 2017 HQ George Town, KY| view all locations Now Binance wants to be more official, writes Walt: Its hiring hundreds of compliance officers, a communications representative, and is working with an ex-U.S. Treasury investigator to address government concerns over money laundering and other criminal behavior. "The SFC does not tolerate any violations of the securities laws and will not hesitate to take enforcement action against unlicensed platform operators where appropriate," SFC Executive Director of Enforcement Thomas Atkinson said in a statement. Nikkei Inc. No reproduction without permission. Great ideas can come from anywhere, regardless of seniority and experience. Create a Binance Account. The exchanges Hong Kong affair disintegrated almost instantly due to potential actions from Beijing. According to Lam, Hong Kong has played a significant role in China's reform and opening-up since 1978, contributing to trade and investment, management, and institutional reform. Outsourced opacity seems a convenient consequence of doing business as a crypto exchange. Min Lin, a former banker who previously worked in client . Its company status is Dissolved. Start your first trade with these easy steps. - Airhouse, a San Francisco-based e-commerce operations platform, raised $11 million in Series A funding led by DNX Ventures and was joined by investors including Elizabeth Street Ventures, Gaingels, James Beshara, RemoteNative Ventures, Trajectory Capital, Flexport, Easypost, and others. He, of course, didnt share any information with them regarding a possible transaction with Microsoft, an Activision spokesman told theJournal. User-Focused We protect our users by putting our users' needs first and delivering quality service. to learn how you can update your cookie settings. Our Mission is to be the infrastructure service provider in crypto. The company isnt allowed to advertise in the U.K. and Japan, which have issued warnings against the company, nor Thailand, which handed them a criminal complaint. Binance was accepted into Malta with open hands. Strangely, to kickstart arbitration with Binance one had to mail Binance Europe Services Limited located in Malta (where the company was never licensed to operate, said Maltese regulators). ), (On this day, 5 Hong Kong companies were registered! Search popular coins and start earning. Private Company. . ; Azrbaycanca; ; ; etina; Deutsch; Espaol; ; Franais; ; ; Bahasa Indonesia . company type is Private company limited by shares. Days prior to Activision agreeing to Microsofts $68.7 billion deal for the company, three traders allegedly bought options to purchase Activision shares. Now available in Hong Kong and in 100+ countries around the world. Marie, Ontario-based installer and service provider for heating, air conditioning, and air quality equipment. However, he had to answer. Financial terms were not disclosed. - Hadrian, a Hawthorne, Calif.-based space startup focused on aerospace and defense manufacturing through autonomous production, raised $90 million in Series A funding led by Lux Capital and a Series A-Prime led by a16z and were joined by investors including Lachy Groom, Caffeinated Capital, Founders Fund, Construct Capital, and 137 Ventures. Reportedly, the firm was founded in China, and Binance Headquarters was also located in China from the start, not until when it had to move its servers and head office out of the country to Japan because of the Chinese government ban on crypto trading. Yi is recognized as one of the most influential entrepreneurs in the blockchain industry and has helped to create a trend of hiring female executives in the male-dominant tech industry, increasing the markets trust in women leaders. - Mercer Global Advisors, owned by Oak Hill Capital and Genstar Capital, acquired Convergent Wealth Management, a Chesterfield, Mo.-based wealth management firm. Binance Holdings Ltd. will no longer allow users from Hong Kong to open new futures accounts. Bilingual language skills: English and Mandarin is a must. Yi led the business strategy behind Binances growth to become the worlds largest crypto exchanges having pivoted the company from a China-based crypto trading platform to a global blockchain ecosystem. Binance previously said it does not maintain an exchange operation in Hong Kong and has applied for a licence in Singapore. Binance says it will no longer allow users from Hong Kong to open futures accounts. All quotes delayed a minimum of 15 minutes. Binance Senior Finance Manager Hong Kong 13 d Binance Finance Business Partner Hong Kong 30d+ Binance Compliance Manager Hong Kong 25 d Binance Operations Deputy- Wallet Hong Kong 30d+ Binance Treasury Manager Hong Kong 18 d Binance Legal Counsel Hong Kong 25 d Binance Margin Lead Hong Kong 18 d Binance Junior Graphic Designer Hong Kong 27 d browse more information on 996co.com.