Cryptocurrency Q&A
Why Binance left China?
Why Binance left China?
Dario
Wed Mar 27 2024
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7 answers
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Could you explain why Binance decided to leave China? I'm quite surprised by this news, considering how significant the Chinese market is for cryptocurrencies. Was it due to regulatory issues, or were there other reasons behind this decision? What does this mean for Binance's future plans and operations? Will they be relocating to another country or focusing more on international markets? I'm interested to hear your thoughts on this matter.
7 answers
Maria
Thu Mar 28 2024
During this period, most of Binance's employees chose to depart from China.
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HanbokGlamour
Thu Mar 28 2024
The departure of employees and the relocation of the exchange created a new dynamic for the company.
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Bianca
Thu Mar 28 2024
According to the legends within the company, Binance's journey began in Shanghai, but it was not long-lived there.
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Chiara
Thu Mar 28 2024
Less than two months after its founding, Binance faced challenges and was forced to leave China.
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Starlight
Thu Mar 28 2024
CZ, in his blog post last year, recounted this historical event, highlighting the resilience and adaptability of Binance.
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