Binance scores regulatory win in New Zealand
The chief executive officer of the Binance crypto exchange confirmed that the exchange is now excited to provide crypto services in the crypto Industry of New Zealand.
Binance is a popular crypto exchange. Due to better & secured crypto services, exchange is ranks at 1st rank in the crypto space in terms of 24 hours global crypto trade volume on this platform.
On 30 September, Changpeng Zhao, CEO & founder of Binance, informed his Twitter followers that Binance received regulatory approval in New Zealand to provide crypto financial services.
Kia Ora, New Zealand!
— Binance (@binance) September 29, 2022
We’re pleased to announce that #Binance has successfully registered as a Financial Service Provider with the New Zealand Ministry of Business, Innovation and Employment, and has officially launched Binance New Zealand. pic.twitter.com/xCyBmRVb2x
Through the attached video clip in the Twitter post, Zhao said that New Zealand is an interesting digital asset market which had a strong past of fintech innovation. Further, he said that and Binance team in New Zealand is working with full hard work to bring better services to the crypto Investors.
“Our team of Binancians in New Zealand is working hard to bring the freedom of crypto to Kiwis.,” Zhao said.
In the recent few months, Binance successfully received regulatory approval in France, Italy, Spain, Dubai, Abu Dhabi, and Bahrain.
Binance (BNB) Ecosystem
Binance exchange has its own crypto ecosystem, where people can trade with their crypto assets in centralized (Binance) & decentralized (Trust wallet) mediums. Binance Exchange operates its blockchain network (Binance Smart Chain or say BSC).
BNB is the native token of the BSC network and the current price of the BNB Coin is $287, which is only 2% higher over the last 24 hours’ trade price.
Binance CEO himself only holds Bitcoin & BNB, once in an interview he disclosed his minor crypto holding details and said that he doesn’t hold any kind of other meme or any smart contract blockchain asset.
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