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Have Binance decided to let anyone know where their headquarters are yet? Or is it still top secret?
by joosters 4y ago
Have Binance decided to let anyone know where their headquarters are yet? Or is it still top secret?
- ur-whale 4y ago> headquarters What does it mean to "have a headquarter" in 2023?
- mytailorisrich 4y agoA company is a legal entity with registration and address (even if that is not necessarily the address of their actual office). At least in some jurisdictions it is actually mandatory to have this info on the company's website so that people can know who they are doing business with and also where to serve legal documents. Any website that goes to some effort not to disclose anything has to raise a massive red flag.
- ratg13 4y agoI can only imagine that bitcoin and cryptocurrencies have somehow given people the impression that laws and taxes are optional. I mean, they are optional, if you are thief or criminal, but perhaps I've given the answer away.
- ur-whale 4y agoThe point I was trying to make is that a company's "headquarters" means nothing other than the place they're incorporated. That "place of incorporation" is a very fluid thing, as it can be changed very quickly to adapt to changing regulations and optimize for rapid changes in the business ecosystem a company operates in. And therefore: it doesn't mean much. What really matters is: - the company's assets financial and non-financial and what jurisdiction has sway over them. - the people who control the company and what jurisdiction has sway over them - the company's customers and what jurisdiction has sway over them In 2023, the people controlling the company may be very mobile as CP has amply demonstrated, the assets can be very hard to control (damn near impossible if crypto, and still quite hard if cash and cash-like). Where the headquarter actually is is IMO of precious little importance.
- neets 4y agoI think the real question is where their servers are.
- adastra22 4y agoI think the real question is where their money is.
- carbocation 4y agoThat's easy to resolve with ping times. Where are they headquartered is of interest to many people (for reporting on FBAR and/or taxes).
- qeternity 4y agoAren’t they in AWS Japan?
- phyalow 4y agoAWS AP-NORTHEAST-1
- mytailorisrich 4y agoIt's always very surprising that people are willing to send large sums of money to a website without even having details of the company, address, etc. Crazy.
- drexlspivey 4y agoIt’s not surprising at all if you want to trade in-and-out it only takes a few minutes. If they were in the business of stealing the money you send them word would get out pretty fast, so the risk is almost zero. Storing your money with them on the other hand..
- mytailorisrich 4y agoOr rather people are clueless or oblivious to what they are actually doing online. If I put up a stall in the street with a large "Bank" noticeboard no-one would give me wads of cash. Yet online that's exactly what people do. >so the risk is almost zero This article, and countless other crypto stories, demonstrate that the risk is not zero. It's just that it may takes some time to manifest itself.
- steponlego 4y agoChina.