CEO Bobby Kotick had allegedly met with one of the three traders a week prior, according to theJournal. According to Wikipedia, the firm in 2018 was the largest cryptocurrency exchange in the world in terms of trading volume. Binance the world's largest cryptocurrency exchange by trading volume today announced that it will be restricting the use of its derivatives products for customers from Hong Kong.. Fast facts. Binance has since shuttered its Ugandan and Jersey entities, with the firm's Singapore operation now under investigation by local regulators. ), working here feels like you're always en route to a new exciting destination. We work as a team towards shared goals to build the ecosystem together. The official wallet of Binance, Trust Wallet, is a secure, decentralized wallet where users can send, receive and store their digital assets. Because Bitcoin does not have an office. Our Locations. To bolster the Hong Kong Police Force's (HKPF) efforts against cybercrime, Binancethe world's foremost blockchain system and infrastructure providersupported a Virtual Asset Investigation Course (VAIC) hosted by the Cyber Security and Technology Crime Bureau (CSTCB) of HKPF. In other reports, Binance announced that it was going to open an office in Malta. read more, Binance also said last month it would wind down its futures and derivatives business in Germany, Italy and the Netherlands. Crypto exchange Binance bows to pressure for physical headquarters, Cayman Islands-domiciled Binance is trying to beefup complianceasoversight of the cryptocurrency sector increases. OKCoin headquarters and office locations. Account Functions. Binance Holdings Ltd. will no longer allow users from Hong Kong to open new futures accounts. - VideaHealth, a Boston-based dental diagnostic A.I. Collaboration We communicate openly. All Rights Reserved. Managing and growing the social media presence for Nansen. Hong Kong's markets regulator also issued a warning over the exchange's stock tokens trading programme, which had earlier in 2021 faced scrutiny in the UK and Germany. Lithuania says it will take action against unregulated activity, while Hong Kong authorities are more concerned with Binance's stock tokens. Chief exec Changpeng Zhao initially co-founded Binance in Hong Kong back in July 2017 alongside chief marketing officer Yi He. Business, Non-Profit and Political strategist; Author, Member of Various Boards of Directors; Former Campaign Manager Senior Advisor to President Obama in the White House, Founder and Managing Director of acs plus; Former Group Risk Operating Officer, Erste Group Bank; Former Global Head of Quantitative Solutions, Deutsche Bank, Member of the Data Ethics Commission, German Federal Government, Member of the House of Lords; Former Minister and Member of Parliament, Chair, EUROFI; Former Secretary General, IOSCO, Former European Commission; Deputy Director General Financial Markets, European Commission. When we fail, we learn fast, and pick ourselves up. Both exchanges are considered to be beginner-friendly and offer multiple deposit methods and a variety of cryptocurrencies. The world is watching. He hails from Chinas Jiangsu province and moved to Vancouver, Canada, at 12 years old, where he would flip burgers at McDonalds, referee volleyball games, and pump gas at Chevron before eventually helping build Bloombergs trading software as a developer. Binance exchange platform, no doubt, is one of the biggest and most populous crypto exchange firms globally. You will be asked to act as a sounding board to the . Prior experience in scaling startup offices will be highly advantageous. New Binance jobs added daily. Hong Kong's Securities and Futures Commission said no entity in the Binance Group is registered to conduct any regulated activity. At Binance, we believe that everyone should have the freedom to earn, hold, spend, share and give their money - no matter who you are or where you come from. Dogecoin price analysis: DOGE/USD increases its value by 0.49% after strong bullish movement, ChainLink price analysis: LINK maintains bearish momentum at $6.9, Binance floats new update against crypto scam, US Senators reintroduce bill to regulate crypto mining emissions. Get email updates for new Binance jobs in Hong Kong SAR. APAC Admin Lead Binance Hong Kong Full-time First point of contact for APAC admin related matters. In 2017, Binance registered Binance Holdings Limited in George Town, Cayman Islands. All customer support is handled via our support ticket system or email. - Prime Blockchain, a bitcoin mining and infrastructure startup, agreed to go public via a merger with 10X Capital Venture Acquisition Corp., a SPAC, according to Reuters. ; Azrbaycanca; ; ; etina; Deutsch; Espaol; ; Franais; ; ; Bahasa Indonesia . Advising on some of the highest profile M&A and Capital Market deals in Asia and the Middle East at one of the biggest law firms in the world, including: Primavera Capital (Hong Kong based private equity house) in relation to the proposed US$1.9 billion privatisation by a consortium including . U.S. officials opened an insider trading investigation against the companys U.S. entity in September. Tap the User Profile icon on the top left corner of the app homepage 3. - Wing Assistant, an Irvine, Calif.-based company connecting businesses to remote talent, raised $2.1 million in seed funding from investors including Surface Ventures, Brookstone Venture Capital, UC Berkeley SkyDeck, and others. - Lumanity, backed by Arsenal Capital Partners, acquired Innovative Edge, a Kent, U.K.-based pharmaceutical product launch services provider. Start your first trade with these easy steps. Things, however, started to go wrong in Japan on March 23rd when a letter was addressed to Zhao by Japans Financial Services Agency (FSA), warning the firm to cease activities in the country without a license. URL verification: https:// accounts.binance.com. (Reuters) - A U.S. bankruptcy judge on Thursday criticized the Securities and Exchange Commision for casting vague doubts about crypto lender Voyager Digital's proposed sale to Binance.US, saying. Office Administrative Specialist Binance Hong Kong, Hong Kong SAR Actively Hiring . Well, the Caymans is also doing everything in its power to disassociate from the notorious crypto platform. February 3, 2023. He has a knack for analysing issues and updating people on what's happening around the globe. Binance is now extremely well established, offering over 40+ fiat currencies and 600+ cryptocurrencies to customers around the world, with no deposit fees and extremely competitive trading fees (maximum 0.1%). Financial terms were not disclosed. ), (On this day, 655 Hong Kong companies were registered! Binance, one of the world's largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has . Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars - CoinDesk Consensus Magazine Bitcoin Calculator Consensus Webinars Indices About Markets Finance Technology Web3 Policy. solution, raised $20 million in Series A funding led by Spark Capital and was joined by investors including Zetta Venture Partners and Pillar VC. read more. Crypto Deposit Not Credited. Additionally, Yi was co-founder of the digital asset exchange OKCoin between 2014 and 2015. Three US Senators have asked giant cryptocurrency exchange Binance for information about its regulatory compliance and finances. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, Binance Has Completed the Tron (TRX) BEP20 Contract Swap, Binance Futures Will Launch USD-M PERP Perpetual Contract with Up to 20X Leverage, Binance Adds LQTY, MDT, QUICK & More Pairs on Cross Margin & Isolated Margin, Binance P2P Offers Zero Maker Fees in Bangladeshi Taka (BDT) Market, Get Started on Binance Lite to Buy and Sell Your Crypto, Important Changes About Binance Identity Verification, Upcoming Qtum (QTUM) Network Upgrade Supported on Binance, Frequently Asked Questions on Binance App Funding Wallet Migration. Manage and maintain the company's tax information and supporting documents. It features a strong focus on altcoin trading. Binance previously said it does not maintain an exchange operation in Hong Kong and has applied for a licence in Singapore. Great ideas can come from anywhere, regardless of seniority and experience. Reportedly, Financial times have also published this claim partly. Any phone calls or direct messages on social channels from people claiming to be Binance.US Support are likely spam/phishing, do not respond to these and contact us immediately. 2023 Fortune Media IP Limited. Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development. ), (On this day, 628 Hong Kong companies were registered! Yi led the business strategy behind Binances growth to become the worlds largest crypto exchanges having pivoted the company from a China-based crypto trading platform to a global blockchain ecosystem. , a bitcoin mining and infrastructure startup, agreed to go public via a merger with. Were also committed to meeting the highest standards for regulatory compliance to maintain our responsibility to our users and further build a sustainable path forward for the blockchain industry. Binance had plans of opening its first fiat-to-crypto currency trading pairs there, making it become one of the biggest exchange firms it is today. On average 2~4 week interview process with 4 interviews. By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Hong Kong has 4 trusted exchanges available for you to sign up for, with the most popular being Binance and CEX.io, which account for a combined 94,000,000 active users. Sequoia, FTX Ventures, and a16z led the round and were joined by investors including Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and others. Vyond enables your business to quickly create relevant, engaging videos that motivate today . Singapore. Were not dodging anywhere, Zhao told Walt over breakfast earlier this month. March 1, 2023 5:49 pm UTC, abdelaziz Fathi. Now Binance wants to be more official, writes Walt: Its hiring hundreds of compliance officers, a communications representative, and is working with an ex-U.S. Treasury investigator to address government concerns over money laundering and other criminal behavior. - tru.ID, a San Francisco and London-based passwordless authentication platform, raised $9 million in funding from investors including Sorenson Ventures, Episode 1, MMC Ventures, and NHN Ventures. , a Vancouver-based blockchain protocol developed to connect decentralized applications across multiple blockchains, raised $135 million in funding. - Mercer Global Advisors, owned by Oak Hill Capital and Genstar Capital, acquired Convergent Wealth Management, a Chesterfield, Mo.-based wealth management firm. This means Binance is right back where it started: Hong Kong. FORTUNE may receive compensation for some links to products and services on this website. by David Rothnie 13 October 2021 2 minute read. For the next year or so, Zhao consistently sang Maltas praises and even virtually welcomed other crypto entrepreneurs as they entered the country. Continue with Apple. Binance Launches Easy Bank Payment: Deposit & Trade EUR to Get Up to 10 USDT in Rewards 2023-03-01. Mr. Our platform is trusted by millions worldwide, and features an unmatched portfolio of financial product offerings. And, of course, it is picking a home base, though if Binance has made a decision as to where, theyre not saying just yet. The ban saw other exchange firms move out of China too, like KuCoin, OkCoin, etc. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Cartoonist Ian Foley, a startup founder and investor from Belvedere, Calif., will be bringing a little dose of humor to your inboxes each month. He launched Binance in July 2017 and, within 180 days, grew Binance into the largest cryptocurrency exchange in the world. The report stated that the police pioneered the course to strengthen law enforcement against the increasing cybercrime in the . 4th March 2023 - (Hong Kong) The former Chief Executive recently wrote an opinion piece for CGTN on the topic: "Leveraging HK's global connectivity to support Chinese modernisation". Binance will be at the forefront of Web3 if Zhao has anything to do with it. Financial terms were not disclosed. Here at Binance, we are committed to user protection with strict protocols and industry-leading technical measures. Web Address: www.binance.com Main location: Cayman Islands Chainalysis determined that roughly 27%, or $756 million, wound up on Binance. We are proud to offer competitive benefits that enable healthy and fulfilling careers at Binance. Vice President and Chief Financial Officer of the New Development Bank. Please review our Jackson Fordyce curated the deals section of todays newsletter. An expert in blockchain and trading systems, CZ has built Binance into the leading blockchain ecosystem, comprised of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT, and more. The industry leader for online information for tax, accounting and finance professionals. We are looking to recruit a senior finance professional to support the APAC regional finance hub, reporting into the APAC finance manager. Our office in Central stretches over three floors and we're filling them fast a testament to our rapid growth. Powered and implemented by Interactive Data Managed Solutions. - Volkswagen selected bankers for its Porsche IPO, according to Bloomberg. ), (On this day, 574 Hong Kong companies were registered! CZ spent his youth flipping burgers before studying at McGill University Montreal. - Frontenac acquired Dealer Services Network, a Deerfield Beach, Fla.-based platform that automates the title, registration and compliance processes for mobility companies and consumers. Today's stakeholders (prospects, customers, employees, and communities) have a higher threshold for engagement and are more video-native than ever. ), (On this day, 751 Hong Kong companies were registered! According to an official announcement, the huge exchange plans to restrict users "in respect of derivatives. Prepares special financial reports by collecting, analyzing, and summarizing account information and trends. Our people. , a San Francisco-based venture capital firm, raised $130 million for a sixth fund focused on seed-stage startups. Binance signed a memorandum of understanding with the Malta Stock Exchange in September 2018 to apparently cement its relationship with the Mediterranean island nation. Mere weeks after founder and CEO Changpeng Zhaowho often goes by C.Z.registered the digital asset exchange in Hong Kong, China banned crypto trading. Reset Google Authenticator. Log in and open the Binance.US app 2. During this vague, odd, and awkward happenstance, The Block in 2019 shared details of a police raid on the companys supposed Shanghai office. Lee Garden, According to Binance's blog post on February 3, it participated in a Virtual Asset Investigation Course (VAIC) by the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force (HKPF). Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Reuters, FRANCESCA REGALADO and MICHELLE CHAN, Nikkei staff writers, Malaysia takes aim at Binance CEO as global crackdown escalates, Hong Kong's 29-year-old crypto billionaire: FTX's Sam Bankman-Fried, In depth: the fall of China's last bitcoin mining haven, Hong Kong crypto exchange FTX Trading hits $18bn valuation, Vietnam to pilot virtual currency as crypto thrives in gray zone, China warns stablecoins are a risk to global financial systems, Asia crypto sector stays confident despite China regulatory curbs, South Korea's 'kimchi coins' feel heat as crypto rules tighten, NFT is not cryptocurrency, Ant Group says amid crackdown, Binance revives Singapore crypto permit bid despite U.S. pressure, India presses for crypto rules at G-20 but faces hurdles toward ban, Justin Sun to move crypto exchange Huobi's Asia HQ to Hong Kong. , a Kent, U.K.-based pharmaceutical product launch services provider. Binance Earn. Coinbase is the most trusted place for crypto in Hong Kong. For easy-to-follow instructions on contacting support (on web and the app) please visit here. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. - Schott, a Mainz, Germany-based glass maker, is considering an IPO for its pharma arm sometime next year, according to Bloomberg. Products. He has plans for everything from media, via its $200 investment in Forbes (a Fortune competitor), to gaming and social media. Nov 2019 - Jul 20211 year 9 months. CEO Zhao vows to run 'most heavily regulated' cryptocurrency company in world. Lastly, the exchange landed in the Cayman Islands: the renowned bastion of money laundering and tax evasion. Sep 2010 - Mar 20154 years 7 months. - Flight Schedule Pro, a Kansas City, Mo.-based business management software provider for flight schools, universities, flying clubs, and other aviation constituents, raised $31 million in funding from Mainsail Partners. Wherever I sit, is going to be the Binance office. For being one of the wealthiest billionaires in the worldnearly as wealthy as Metas Mark ZuckerbergZhao is relatively unknown. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Tutorial. . Prepare tax returns, payments, necessary paperwork, and reports for direct and indirect tax filings. The OTC Options Trader will be part of a high-growth team, and play a key role to expand the client outreach and the trade flow of the OTC desk. ), (On this day, 621 Hong Kong companies were registered! The largest crypto exchange by reported turnover said in a Twitter post that the move . Users are at the heart of everything we do. Binance Overview Website: www.binance.com Headquarters: Singapore, Singapore Size: 5001 to 10000 Employees Founded: 2017 Type: Company - Private Industry: Internet & Web Services Revenue: $2 to $5 billion (USD) Competitors: Coinbase, Crypto.com, FTX Exchange Create Comparison Companies registered on other dates in Hong Kong, (On this day, 337 Hong Kong companies were registered! Binance's key executives include Changpeng Zhao and 8 others. Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. Twitter; Medium; Newsletter; Problems with our data? Now. Wan Chai, Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. These cookies will be stored in your browser only with your consent. Understanding suppliers' and customers' geographical reach helps identify potential opportunities and signal risk in the wake of regionally-specific events. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Binance Labs is an infrastructure impact fund and an initiative to incubate, invest in, and empower blockchain projects. Today, Binance is the worlds leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Stay up to date with the latest stories and commentary. Our teams work closely together, whether it's across the room or across the world. Both execs are originally from China, but Zhao spent many of his formative years in Canada. However, about two months ago, a flurry of reports started doling in claiming that the Malta Financial Service Authority (MFSA) never approved for the exchange firm to operate in the country. However, a mainstream local publication in Malta also referred to the exchange form as a Malta-based crypto firm. Financial terms were not disclosed. You also have the option to opt-out of these cookies. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. - TransFICC, a London-based e-trading platform, raised $17 million in Series A extension funding led by AlbionVC and was joined by investors including Citi, HSBC, Illuminate Financial, ING Ventures, and Main Incubator. Complete the identity verification process to secure your account and transactions. Former Vice Chairman of Barclays Capital. Hong Kong: Online Casino; Hong Kong: Blackjack Online; . Hong Kong customers will, with immediate effect, not be able to open new Binance deriviative product accounts, according to a Binance announcement posted at 5 p.m. Hong Kong time. All rights reserved. Sign up now to build your own portfolio for free! Easy, safe, and secure Join 110 million+ customers.
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