The world’s fastest-growing main monetary alternate has no head workplace or formal tackle, lacks licenses in nations the place it operates and has a chief government who till just lately wouldn’t reply questions on his location.
Began simply 4 years in the past, Binance is the alternate big that towers over the digital forex world, a crypto equal of the London, New York and Hong Kong inventory exchanges mixed. After a burst of progress, Binance processes extra trades for cryptocurrencies akin to bitcoin and ether every day, $76 billion value, than its 4 largest rivals put collectively, in accordance with information supplier CryptoCompare.
