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he company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017.[2] By March 2018 the company had established offices in Taiwan.[1]
As of January 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion.[3]
In March 2018, Binance announced its intentions to open an office in Malta after stricter regulations in Japan and China.[4] In addition, Binance plans to move to Jersey to expand its European influence, having achieved a exchange license there, and plans to add fiat pairs including the Euro and the British pound to its supported currencies