Binance CEO Changpeng Zhao said that the cryptocurrency exchange is making changes to make it easier to work with regulators. Photo: Reuters
Binance CEO Changpeng Zhao said that the cryptocurrency exchange is making changes to make it easier to work with regulators. Photo: Reuters
Bitcoin

Binance battles regulatory headwinds as world’s largest cryptocurrency exchange seeks financial legitimacy

  • ‘We have come to realise that we need a centralised entity to work well with regulators,’ CEO Zhao Changpeng says
  • Binance is rebuilding the exchange into a licensed financial institution with centralised headquarters as it attempts to improve ties with regulators

Binance CEO Changpeng Zhao said that the cryptocurrency exchange is making changes to make it easier to work with regulators. Photo: Reuters
Binance CEO Changpeng Zhao said that the cryptocurrency exchange is making changes to make it easier to work with regulators. Photo: Reuters
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