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https://coingeek.com/binance-not-licensed-to-operate-in-malta-regulators-say/ https://coingeek.com/binance-not-licensed-to-operate-in-malt... Binance has never

https://coingeek.com/binance-not-licensed-to-operate-in-malta-regulators-say/ https://coingeek.com/binance-not-licensed-to-operate-in-malt... Binance has never been in Malta, in fact they are not located anywhere. I would be very cautious in dealing with them because to me that kind of approach to regulation doesnt sound healthy.

arcticbull 5y ago
> For example, the company’s chief growth officer, Ted Lin, told Decrypt just a few days ago, “We have offices in Malta for customer services, and some compliance people there, but it’s not the headquarters per say [sic]. It’s the spiritual headquarters. It’s a name that people think about when they think about Binance.” Oh my god lol.
ketamine__ 5y ago
It's on the Binance wikipedia page.
- arcticbull 5y ago
  Wikipedia cites a Malta Today article from 2019. > [Binance established their headquarters in Malta] soon after the Maltese government passed laws that provided a regulatory framework for businesses operating in the Cryptocurrency and Blockchain industry. The regulation officially passed into a law on July 4th 2018. Malta remains the only country in the world to officially pass such laws. The Coindesk article from 2020 states: > Until February [of 2020], Binance was considered to be based in Malta. That changed when the island European nation announced that, no, Binance is not under its jurisdiction. Since then Binance has not said just where, exactly, it is now headquartered. And quotes CZ: > “Well, I think what this is is the beauty of the blockchain, right, so you don’t have to … like where’s the Bitcoin office, because Bitcoin doesn’t have an office.” [1] The Wikipedia article is stale, and incorrect on the basis of the subsequent statements from executives involved. The beauty of blockchain indeed. [1] https://www.coindesk.com/binance-doesnt-have-a-headquarters-because-bitcoin-doesnt-says-ceo https://www.coindesk.com/binance-doesnt-have-a-headquarters-...

arcticbull 5y ago

> For example, the company’s chief growth officer, Ted Lin, told Decrypt just a few days ago, “We have offices in Malta for customer services, and some compliance people there, but it’s not the headquarters per say [sic]. It’s the spiritual headquarters. It’s a name that people think about when they think about Binance.” Oh my god lol.

ketamine__ 5y ago

It's on the Binance wikipedia page.

arcticbull 5y ago
Wikipedia cites a Malta Today article from 2019. > [Binance established their headquarters in Malta] soon after the Maltese government passed laws that provided a regulatory framework for businesses operating in the Cryptocurrency and Blockchain industry. The regulation officially passed into a law on July 4th 2018. Malta remains the only country in the world to officially pass such laws. The Coindesk article from 2020 states: > Until February [of 2020], Binance was considered to be based in Malta. That changed when the island European nation announced that, no, Binance is not under its jurisdiction. Since then Binance has not said just where, exactly, it is now headquartered. And quotes CZ: > “Well, I think what this is is the beauty of the blockchain, right, so you don’t have to … like where’s the Bitcoin office, because Bitcoin doesn’t have an office.” [1] The Wikipedia article is stale, and incorrect on the basis of the subsequent statements from executives involved. The beauty of blockchain indeed. [1] https://www.coindesk.com/binance-doesnt-have-a-headquarters-because-bitcoin-doesnt-says-ceo https://www.coindesk.com/binance-doesnt-have-a-headquarters-...