✈️ [Update] Binance plans expansion to South Korea
Update: A Binance representative contacted Messari to clarify that the company has no offices in South Korea and no concrete plans for expanding to the country. Any action would depend on further progress in Korean policy. This story was originally posted on June 25, 2018. The world's largest crypto exchange has been hiring Korean executives as it looks to establish new operations in the country. Few of Binance's 7.9 million registered users are from South Korea, where authorities looked to restrict crypto trading late last year before softening their stance in recent months.
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