Binance in Talks to Acquire Indonesian Crypto Exchange Tokocrypto, Layoffs Expected
Acquisition of Indonesian crypto exchange Tokocrypto by Binance could lead to layoffs and CEO stepping down.
Acquisition of Indonesian crypto exchange Tokocrypto by Binance could lead to layoffs and CEO stepping down.
The acquisition of Japanese Sakura Exchange BitCoin (SEBC) marks the first time Binance secures a license in East Asia.
Binance CEO Changpeng Zhao said the industry must be responsible enough to protect all the users.
Binance Philippines’ Kenneth Stern counts the ways in which blockchain can help OFWs send their money faster and cheaper back to the country.
The CEO of Coins.ph puts it bluntly as to what will happen if they ignore the rules of the BSP for virtual asset service providers (VASPS).
Binance’s Stern, Coins’ Galang, and Maya’s Wong both shared that they are aiming to introduce digital assets in the country.
Binance dropped the bid because “the issues are beyond our control or ability to help.”
A timeline of events leading to Binance agreeing to acquire rival FTX exchange.
With the concern of another “Three Arrows” event, Binance CEO Changpeng “CZ” Zhao, said on Tuesday Nov. 8 that his crypto exchange would be buying FTX.com.
Binance CEO Changpeng CZ Zhao said his company has signed a “letter of intent” to acquire FTX Exchange, its leading rival.