Fiat Exchanges on Every Continent: Binance to Take Over the World

One of the most popular crypto- exchange platform in the world is building truly ambitious plans for the immediate future. The head of Binance Changpeng Zhao shared the details with the community during the Singapore conference.

He noted that the exchange should become a part of all the most promising world markets. So it is important to be present on every continent. There must be at least one, if not two, Binance offices. The project, which has come a long way from a small start-up to a huge company, is going to expand its offices the next year.

No matter how enthusiastic Binance is, they will face many problems. The main one would be the regulations of crypto industry in different countries. The exchange will have to attract investors. In order to succeed, it’s necessary to find a common language with local regulators.

However, Changpeng Zhao believes in the accomplishment of the plan to “capture” the world and expects to get a good profit by the end of the year.

Boxmining’s editorial office considers him very optimistic, despite the fact that the figures for the second quarter of 2018 seriously decreased – from $200 million (I quarter) to $150 million.

Previously, our partners wrote the article about the future of blockchain according to Binance CEO. Take a look:

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Ben is a cryptocurrency China correspondent who loves Bitcoin and Bananas. He has been covering the Chinese cryptocurrency market for the past 5 years and has a deep understanding of the industry. He is passionate about the potential of blockchain technology and its impact on the world economy.