Binance’s regional head has confirmed that the exchange is expecting five additional licenses across Asia this year.
Summary
- Binance expects to secure five additional licenses across Asia this year, which would expand its regulatory presence to more than 20 jurisdictions worldwide.
- The exchange is prioritizing Asia Pacific expansion as the region leads global crypto adoption.
- Binance is also addressing scrutiny in the United States after reports linked about $1.7 billion in transactions to Iranian entities.
Speaking to Nikkei Asia, SB Seker, Binance’s head of Asia-Pacific, who joined the company last year, said the exchange is planning to secure five more…
