A look at Binance, which sources say could be worth $300B if it goes public, as its unfettered, unregulated growth comes to an end amid global scrutiny
absent headquarters, offices and licenses. Now governments are asserting control. https://www.wsj.com/... Patricia Kowsmann / @kowsmann : This is the story of Binance. In 2017 it started offering trading of some cryptocurrencies. Now it's the crypto equivalent of the London, NY and Hong Kong stock exchanges combined. Take notice. Regulators are. @ceostroff and my deep dive. https://www.wsj.com/... Alex Frangos / @alexfrangos : https://binance.us/ has potential for a TikTok-like problem with programers in China controlling software for U.S. users, former exec say. Scoopage and great details from @kowsmann @ceostroff https://www.wsj.com/... via @WSJ Tom Fairless / @tomfairless : Binance, a giant exchange processing $76 Bln in cryptocurrency trades per day, has no head office or formal address, lacks licenses in countries where it operates & its CEO until recently wouldn't disclose his location. Great story by @kowsmann @ceostroff https://www.wsj.com/... Patricia Kowsmann / @kowsmann : Binance's US affiliate says US user data sits at servers in the US. But as recently as this summer, software was being run out of China. Former execs worried of a TikTok-like problem. w/ @ceostroff https://www.wsj.com/...
The SEC has asked for a list of information from Binance's U.S. affiliate, including how it relates to the global organization. This and more in our story on Binance's rise and challenges. w/@kowsmann https://www.wsj.com/...
The world's fastest-growing major financial exchange has no head office or formal address, lacks licenses in countries where it operates and has a chief executive who until recently wouldn't answer questions about his location https://www.wsj.com/... via @kowsmann @ceostroff
Binance became the world's largest cryptocurrency exchange operating from nowhere in particular—absent headquarters, offices and licenses. Now governments are asserting control. https://www.wsj.com/...
This is the story of Binance. In 2017 it started offering trading of some cryptocurrencies. Now it's the crypto equivalent of the London, NY and Hong Kong stock exchanges combined. Take notice. Regulators are. @ceostroff and my deep dive. https://www.wsj.com/...
https://binance.us/ has potential for a TikTok-like problem with programers in China controlling software for U.S. users, former exec say. Scoopage and great details from @kowsmann @ceostroff https://www.wsj.com/... via @WSJ
Binance, a giant exchange processing $76 Bln in cryptocurrency trades per day, has no head office or formal address, lacks licenses in countries where it operates & its CEO until recently wouldn't disclose his location. Great story by @kowsmann @ceostroff https://www.wsj.com/...
Binance's US affiliate says US user data sits at servers in the US. But as recently as this summer, software was being run out of China. Former execs worried of a TikTok-like problem. w/ @ceostroff https://www.wsj.com/...