Binco, Leading Bitcoin and Crypto Money Exchange Establishes a New Stock Market! – Binance, the world's largest Bitcoin and crypto currency exchange with transaction volume, is considering opening a branch in South Korea, according to recent reports.

Binance launches new Bitcoin exchange in South Korea

Local news source Block In Press said that Binance CEO Changpeng Zhao confirmed the news and that they were working with local partners, but did not know the details. However, according to a report published by CoinDesk Korea, a business called Binance LLC was established in the country.

The director of this business is Jiho Kang of BXB Inc., a Korean-based company offering stablecoin. Ik We had meetings with BXB, but there is no specific decision, Bir said a Binance representative. In addition to the possibility that a launch was on the cards, Binance issued an ad for South Korea to hire a compliance officer. In a publication on the website, the stock market includes the following statements:

We are looking for a Compliance Officer to support our expansion across all global borders, including KYC, Customer Onboarding and AML / CFT. Its role is in Seoul, South Korea.

Leading Bitcoin exchange could launch a new crypto currency

Among other skills, the candidate must have a good knowledge of hüküm the provisions of local law, directives, regulations and standards applicable to other persons involved, and knowledge of the upcoming regulations of Bitcoin and crypto monetary policies ”. CoinDesk Korea also says it is more likely to work with BXB to launch a Korean-supported stablecoin on Binance's platform.

The stock exchange has recently confirmed that a token of the British Pound has been developed and is planned to issue new crypto currencies on other fiat currencies. In addition to its global service, announced that the stock market will soon launch a platform for users in the United States. The company also has local stock exchanges in Singapore, Jersey and Uganda.

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