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Binance CEO confirms the company is going after Philippines licenses

Zhao also disclosed the exchange’s plans to expand its operations within the country.

He said:

Changpeng Zhao, Binance
Changpeng Zhao
Source LinkedIn

We are interested in investing in traditional financial service centers including payment service providers, banks, etc.

We want to help bring those businesses into the blockchain world.

Earlier in May, Binance tconfirmed it is in talks with Germany’s financial regulator BaFin over license to operate in the country. Zhao said he is talking with BaFin about growing Binance’s presence in Germany.

Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.

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