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Financial terms were not disclosed. HONG KONG, Aug 6 (Reuters) - Binance, one of the world's largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest. Now. - Freestyle, a San Francisco-based venture capital firm, raised $130 million for a sixth fund focused on seed-stage startups. These cookies do not store any personal information. By Varinder Singh. read more, Last month, the exchange's CEO, Zhao Changpeng, said he wanted to improve relations with regulators and that Binance would seek to establish regional headquarters, breaking with its decentralised structure. - Volkswagen selected bankers for its Porsche IPO, according to Bloomberg. You must be proficient in Google Suite and able to learn systems and processes. ), (On this day, 5 Hong Kong companies were registered! Available Here. View a company's locations by country, city, postal code, and address. Singapore. Binance Holdings Ltd. will no longer allow users from Hong Kong to open new futures accounts. Binance Adds AMB/USDT & BETH/USDT Trading Pairs 2023-03-02. , a West Jordan, Utah-based designer, manufacturer, and distributor of aftermarket suspensions, shocks, and other components. $76 Billion a Day: How Binance Became the World's Biggest Crypto Exchange The trading platform surged by operating from nowhere in particularwithout offices, licenses or headquarters. Changpeng Zhao CEO Yi He Co-Founder & CMO Jimmy Su Chief Security Officer Patrick Hillmann Chief Strategy Officer Steve Milton Global VP, Marketing & Communications John Han Vice President of Corporate Finance Emmanuel Babalola Director Africa Sign up to get it delivered free to your inbox. , a Vancouver-based blockchain protocol developed to connect decentralized applications across multiple blockchains, raised $135 million in funding. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. [Read more: Binance draws heat in Europe for stock tokens, lists MicroStrategy anyway]. Hong Kong customers will, with immediate effect, not be able to open new Binance deriviative product accounts, according to a Binance announcement posted at 5 p.m. Hong Kong time. We protect our users by putting our users' needs first and delivering quality service. Hong Kong Business offers comprehensive coverage of breaking news and issues. Reach more customers as you pay and get paid in crypto with our borderless payment technology on Binance Pay & Binance Marketplace. However, it was based in Hong-kong when it made this revelation. New Binance jobs added daily. Dogecoin price analysis: DOGE/USD increases its value by 0.49% after strong bullish movement, ChainLink price analysis: LINK maintains bearish momentum at $6.9, Binance floats new update against crypto scam, US Senators reintroduce bill to regulate crypto mining emissions. Profile Location: Hong Kong Profile 15/F, Pacific Plaza, 418 Des Vouex Road West Powering the Future of Money, Now! - Flight Schedule Pro, a Kansas City, Mo.-based business management software provider for flight schools, universities, flying clubs, and other aviation constituents, raised $31 million in funding from Mainsail Partners. Your transaction data is secured via end-to-end encryption, ensuring that only you have access to your personal information. The digital yuan project has been met with low demand and disinterest from Hong Kong citizens. Log in and open the Binance.US app 2. Its April Fools Day And it feels like a great time to launch the Term Sheet cartoon! In 2020, CZ was recognized in the Bloomberg 50 as one of the most influential people of the year. 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Its company status is Dissolved. By clicking Accept, you consent to the use of ALL the cookies. Soon thereafter, he learned about Bitcoin and joined Blockchain.com as Head of Technology. Around the same time, Binance set up a series of separate exchanges based in numerous countries and offshore tax centers, including (but not limited to): Uganda, the US, Singapore, Jersey, and Turkey. He believes that blockchain and cryptocurrency are the most useful systems of mutual trust ever devised. Manage and maintain the company's tax information and supporting documents. ), (On this day, 571 Hong Kong companies were registered! Exclusive: Nvidia's plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft, Exclusive: Snapchat kicks few children off app in Britain, data given to regulator shows, Reporting by Alun John The ban saw other exchange firms move out of China too, like KuCoin, OkCoin, etc. Nikkei Inc. No reproduction without permission. 2023 Fortune Media IP Limited. Binance (Hong Kong) Limited is a Hong Kong company, Locations. incorporated on Thursday - Sept. 28, 2017, Regulators in the U.K. and France have argued that its made the company very difficult to supervise. Lithuania says it will take action against unregulated activity, while Hong Kong authorities are more concerned with Binance's stock tokens. Wan Chai, It is mandatory to procure user consent prior to running these cookies on your website. Officers believed the man, who worked in a yacht rental company, had attempted to help another suspect flee Hong Kong, police superintendent Alan Chung told reporters. This is the story of Binance: the ethereal blockchain entity that never stops moving. The largest crypto exchange by reported turnover said in a Twitter post that the move . Please review our Binance, one of the world's largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has . A deal could value Porsche at around 90 billion ($100 billion). S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Click the link in the email we sent to to verify your email address and activate your job alert. The official wallet of Binance, Trust Wallet, is a secure, decentralized wallet where users can send, receive and store their digital assets. - Hadrian, a Hawthorne, Calif.-based space startup focused on aerospace and defense manufacturing through autonomous production, raised $90 million in Series A funding led by Lux Capital and a Series A-Prime led by a16z and were joined by investors including Lachy Groom, Caffeinated Capital, Founders Fund, Construct Capital, and 137 Ventures. The gruesome killing of Choi, 28, has . To bolster the Hong Kong Police Force's (HKPF) efforts against cybercrime, Binancethe world's foremost blockchain system and infrastructure providersupported a Virtual Asset Investigation Course (VAIC) hosted by the Cyber Security and Technology Crime Bureau (CSTCB) of HKPF. Changpeng Zhao, known as CZ, is a serial entrepreneur with an impressive track record of successful startups. Financial institutions of Lithuania and Hong Kong have both issued warning statements against Binance. Reportedly, Zhao confirmed that the exchange had received the FSAs letter and said that its lawyers are in contact with the FSA and will find a solution.. Both exchanges are considered to be beginner-friendly and offer multiple deposit methods and a variety of cryptocurrencies. Thats why weve embedded state-of-the-art security measures and strict data privacy controls across the entire Binance ecosystem. Binance, the worlds biggest crypto exchange, told regulators it will announce a proper headquarters very soon, Zhao told Vivienne Walt for Fortunes latest cover story. These cookies will be stored in your browser only with your consent. However, about two months ago, a flurry of reports started doling in claiming that the Malta Financial Service Authority (MFSA) never approved for the exchange firm to operate in the country. The OTC Options Trader will be part of a high-growth team, and play a key role to expand the client outreach and the trade flow of the OTC desk. Crypto Deposit Not Credited. ), (On this day, 574 Hong Kong companies were registered! Binance said it would . , a Chesterfield, Mo.-based wealth management firm. , a Deerfield Beach, Fla.-based platform that automates the title, registration and compliance processes for mobility companies and consumers. No. Lastly, the exchange landed in the Cayman Islands: the renowned bastion of money laundering and tax evasion. Binance previously said it does not maintain an exchange operation in Hong Kong and has applied for a licence in Singapore. You can expect to have a chuckle at the likes of venture capital, blockchain, A.I., fintech, and quantum technology. In fact, were engaging everywhere.. - Jia Finance, a Wilmington, Del.-based online residential mortgage platform for foreign investors, raised $5 million in seed funding led by TTV Capital and was joined by investors including Stanford Angels and others. Binance signed a memorandum of understanding with the Malta Stock Exchange in September 2018 to apparently cement its relationship with the Mediterranean island nation. Reportedly, Financial times have also published this claim partly. You can read more about ithere. Binance has since shuttered its Ugandan and Jersey entities, with the firm's Singapore operation now under investigation by local regulators. Financial terms were not disclosed. Hong Kong Business - Binance - Latest Binance News, Analysis, Profit Results, Share Price Information, and Commentary. Binance had plans of opening its first fiat-to-crypto currency trading pairs there, making it become one of the biggest exchange firms it is today. Binance offers crypto-to-crypto trading in more than. February 3, 2023. Simple & Secure. solution, raised $20 million in Series A funding led by Spark Capital and was joined by investors including Zetta Venture Partners and Pillar VC. ), (On this day, 4 Hong Kong companies were registered! He said further that Binance has loads of offices with staff in 50 countries. - Millpond Equity Partners and Wasena Capital Management acquired Paxton Patterson, an Alsip, Illinois-based career and technical education provider to elementary, middle, and high schools. Podcast host Laura Shin in a chat with Changpeng Zhao, Binance CEO at ConsenSys Ethereal Summit on Thursday, asked the CEO where Binance headquarters is located. But opting out of some of these cookies may affect your browsing experience. Binance Overview Website: www.binance.com Headquarters: Singapore, Singapore Size: 5001 to 10000 Employees Founded: 2017 Type: Company - Private Industry: Internet & Web Services Revenue: $2 to $5 billion (USD) Competitors: Coinbase, Crypto.com, FTX Exchange Create Comparison Chief exec Changpeng Zhao initially co-founded Binance in Hong Kong back in July 2017 alongside chief marketing officer Yi He. All Rights Reserved. "The SFC does not tolerate any violations of the securities laws and will not hesitate to take enforcement action against unlicensed platform operators where appropriate," SFC Executive Director of Enforcement Thomas Atkinson said in a statement. The crypto exchange has been at the forefront of investigating and preventing virtual asset-related crimes. We get things done. Transform our products and services with expertise and be recognized for success. Start your first trade with these easy steps. Wherever I sit, is going to be the Binance office. Yi is recognized as one of the most influential entrepreneurs in the blockchain industry and has helped to create a trend of hiring female executives in the male-dominant tech industry, increasing the markets trust in women leaders. Were also committed to meeting the highest standards for regulatory compliance to maintain our responsibility to our users and further build a sustainable path forward for the blockchain industry. Jessica MathewsTwitter: @jessicakmathewsEmail: jessica.mathews@fortune.comSubmit a deal for the Term Sheet newsletter here. Hong Kong. Work closely with other teams to service client trading demands. He, of course, didnt share any information with them regarding a possible transaction with Microsoft, an Activision spokesman told theJournal. The fired Google engineer who thought its A.I. Hong Kong's Securities and Futures Commission said no entity in the Binance Group is registered to conduct any regulated activity. All customer support is handled via our support ticket system or email. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Contact. The report stated that the police pioneered the course to strengthen law enforcement against the increasing cybercrime in the . Bilingual language skills: English and Mandarin is a must. We are proud to offer competitive benefits that enable healthy and fulfilling careers at Binance. Changpeng Zhao, known as CZ, is a serial entrepreneur with an impressive track record of successful startups. Take your reading anywhere with offline reading functions, Never miss a story with breaking news alerts. In a letter, Democrat senators Elizabeth Warren [] Our Mission is to be the infrastructure service provider in crypto. Financial terms were not disclosed. Joseph Muscat, the countrys prime minister, then went ahead to Twitter to announce their welcome tweeting that they aim to be the global trailblazer in the regulation of blockchain businesses. Our Standards: The Thomson Reuters Trust Principles. This content was commissioned by Nikkei's Global Business Bureau. ), (On this day, 628 Hong Kong companies were registered! Launched nationwide tactical campaigns to generate demand for domestic activities and incremental revenue across verticals such as SingapoRediscovers Vouchers campaign. In 2005, CZ quit his role as head of the Bloomberg Tradebook Futures Research & Development team and moved to Shanghai to start Fusion Systems. You will be asked to act as a sounding board to the . Binance has since shuttered its Ugandan and Jersey entities, with the firms Singapore operation now under investigation by local regulators. Sequoia, FTX Ventures, and a16z led the round and were joined by investors including Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and others. Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development. Prepares special financial reports by collecting, analyzing, and summarizing account information and trends. Were not dodging anywhere, Zhao told Walt over breakfast earlier this month. Hong Kong: Online Casino; Hong Kong: Blackjack Online; . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. BNB Chain is a community-driven blockchain software system with developers and contributors from all over the world. Despite the installation of machines dispensing hard wallets for digital yuan, only 625 wallets were obtained in the first four days since their installation. Hong Kong police on Thursday arrested a man accused of assisting another suspect in the gruesome killing of model Abby Choi, whose dismembered body parts were found in a refrigerator. Muhaimin loves writing on crypto news aside from being a crypto enthusiast. The world is watching. Welcome to #Malta @binance. - Abris Capital Partners agreed to acquire a majority stake in Orbitvu, a Tarnowskie Gry, Poland-based automated product photography company. Jackson Fordyce curated the deals section of todays newsletter. Binance stores 10% of all trading fees in a secure asset fund to protect a share of user funds. Registered Address: Clickout Media Ltd AA PH, Camilleri Buildings, Oratory . TOKYO/HONG KONG -- Binance, the world's largest cryptocurrency exchange by trading volume, is looking to set up physical headquarters in multiple jurisdictions in a major concession to. - Inner Cosmos, a Portola Valley, Calif.-based neurotechnology company focused on alleviating cognitive disorders, raised $10 million in seed funding led by lool ventures and was joined by investors including KittyHawk VC, Loup Ventures, and others. When we fail, we learn fast, and pick ourselves up. Binance Exchange is the largest crypto exchange by trade volume. Binance will be at the forefront of Web3 if Zhao has anything to do with it. Web Address: www.binance.com Main location: Cayman Islands Great ideas can come from anywhere, regardless of seniority and experience. Former U.S. Mere weeks after founder and CEO Changpeng Zhaowho often goes by C.Z.registered the digital asset exchange in Hong Kong, China banned crypto trading. Private Company. Min Lin, a former banker who previously worked in client . - TransFICC, a London-based e-trading platform, raised $17 million in Series A extension funding led by AlbionVC and was joined by investors including Citi, HSBC, Illuminate Financial, ING Ventures, and Main Incubator. Buy Binance Coin; Buy Celo; Buy Calvaria; Buy Cardano; . The Binance Gift Card is a safe and fast way to send cryptocurrencies to Binance users and friends - at no extra cost.Make a gift to your loved ones and give them the beginning of an adventure in the world of cryptocurrencies! Binance had a series of domiciles: Hong Kong, Japan and then Taiwan. browse more information on 996co.com. Financial terms were not disclosed. You also have the option to opt-out of these cookies. Mar 2022 - Dec 202210 months. By September 2017 less than three months into its existence Binance had moved to greener pastures in Japan. Zhaos wealth has largely come as a surprise even to him. Well, the Caymans is also doing everything in its power to disassociate from the notorious crypto platform. Binance Login. Sep 2010 - Mar 20154 years 7 months. Binance was accepted into Malta with open hands. - Lumanity, backed by Arsenal Capital Partners, acquired Innovative Edge, a Kent, U.K.-based pharmaceutical product launch services provider. or. Vyond is the enterprise-grade agile video creation studio that accelerates positive business outcomes. - Wing Assistant, an Irvine, Calif.-based company connecting businesses to remote talent, raised $2.1 million in seed funding from investors including Surface Ventures, Brookstone Venture Capital, UC Berkeley SkyDeck, and others. Binance Core Values guide our behavior, decisions, and action, enabling unified collaboration across our diverse, international teams. Wherever I need somebody, is going to be the Binance office, he said. 4th March 2023 - (Hong Kong) The former Chief Executive recently wrote an opinion piece for CGTN on the topic: "Leveraging HK's global connectivity to support Chinese modernisation". The exchange firm, after having to move out of China, moved to Japan to continue operations. OKCoin headquarters and office locations. Prior experience in scaling startup offices will be highly advantageous. Ambassador to the Peoples Republic of China; Former U.S. We hope you enjoy, and you can check out some of his other work here if you are interested. Unverified report has it that Binance headquarters is in Cayman island and Seychelles. Join the Binance team today and work with some of the worlds most talented, hardworking, and passionate people. Tap the User Profile icon on the top left corner of the app homepage 3. According to Lam, Hong Kong has played a significant role in China's reform and opening-up since 1978, contributing to trade and investment, management, and institutional reform. , a bitcoin mining and infrastructure startup, agreed to go public via a merger with. In 2019, Binance listed Singapores Small Claims Tribunal and International Arbitration Centre under its arbitration section of its flagship exchanges terms of service. Financial terms were not disclosed. Responsibilities. Now available in Hong Kong and in 100+ countries around the world. Hong Kong: Sino Plaza, 255-257 Gloucester Rd, Causeway Bay: Malta: Ta' Xbiex: 3 Triq Sir Augustus Bartolo: Singapore: Explore endless possibilities with Binance. Binance Earn. Partners. Former Minister of the Economy, Former President of the Central Bank of Brazil, Former Chair of J&Fs board of directors, Former Member of the Board of Directors of Azul Brazilian Airlines, Former President, BankBoston; Former President of Global Banking, FleetBoston Financial; Former Board member, Raytheon Corporation, Bestfoods and Champion International. . . ; Azrbaycanca; ; ; etina; Deutsch; Espaol; ; Franais; ; ; Bahasa Indonesia . Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. According to a corporate linkage document seen by Decrypt. Reportedly, the firm was founded in China, and Binance Headquarters was also located in China from the start, not until when it had to move its servers and head office out of the country to Japan because of the Chinese government ban on crypto trading. Advising on some of the highest profile M&A and Capital Market deals in Asia and the Middle East at one of the biggest law firms in the world, including: Primavera Capital (Hong Kong based private equity house) in relation to the proposed US$1.9 billion privatisation by a consortium including . You can unsubscribe from these emails at any time. The company isnt allowed to advertise in the U.K. and Japan, which have issued warnings against the company, nor Thailand, which handed them a criminal complaint. Binance exchange platform, no doubt, is one of the biggest and most populous crypto exchange firms globally. A deal could value the division at around $4 billion. 803 Operational Specialist Jobs in Hong Kong SAR (62 new) Operational Specialist FarmacyHK New Territories, Hong Kong SAR Actively Hiring 1 month ago Operations Associate (regional focus). - Docker, a Palo Alto, Calif.-based application development provider of tools, content, and services for developers, raised $105 million in Series C funding led by Bain Capital Ventures and was joined by investors including Atlassian Ventures, Citi Ventures, Vertex Ventures, Four Rivers, Benchmark Capital, Insight Partners, and Tribe Capital. Zhao threatenened to sue over the outlets report though no lawsuit ever materialized. CEO Zhao vows to run 'most heavily regulated' cryptocurrency company in world. All rights reserved. Binance jobs Sort by: relevance - date 41 jobs 1 2 3 Let Employers Find You Upload Your Resume Sign in to Indeed with Google Continue with Google By continuing to sign in through Google, you agree to Indeed's Terms, Cookie, and Privacy Policies. , an Alsip, Illinois-based career and technical education provider to elementary, middle, and high schools. Solutions. ., a SPAC, according to Reuters. We also use third-party cookies that help us analyze and understand how you use this website. Managing and growing the social media presence for Nansen. Financial terms were not disclosed. Tutorial. Buy/sell crypto, set up recurring buys for your investments, and discover what Binance has to offer. According to Binance's blog post on February 3, it participated in a Virtual Asset Investigation Course (VAIC) by the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force (HKPF). - Airhouse, a San Francisco-based e-commerce operations platform, raised $11 million in Series A funding led by DNX Ventures and was joined by investors including Elizabeth Street Ventures, Gaingels, James Beshara, RemoteNative Ventures, Trajectory Capital, Flexport, Easypost, and others. At Binance, we believe that everyone should have the freedom to earn, hold, spend, share and give their money - no matter who you are or where you come from. Days prior to Activision agreeing to Microsofts $68.7 billion deal for the company, three traders allegedly bought options to purchase Activision shares. - Cross River, a Fort Lee, N.J.-based technology infrastructure provider for financial service companies, raised $620 million in funding led by Eldridge and Andreessen Horowitz and was joined by investors including T. Rowe Price Investment Management, Whale Rock, Hanaco Ventures, and others. Sign in to create your job alert for Binance jobs in Hong Kong SAR. - VideaHealth, a Boston-based dental diagnostic A.I. Binance never acquired proper licensing in Malta over those two years, according to CoinDesk. Ensure compliance with regulations by forwarding required . More. We work as a team towards shared goals to build the ecosystem together. Financial terms were not disclosed. Twitter; Medium; Newsletter; Problems with our data? Account Functions. Cartoonist Ian Foley, a startup founder and investor from Belvedere, Calif., will be bringing a little dose of humor to your inboxes each month. The role will be varied and challenging with a number of exciting projects to take ownership of, as Binance expands its activity across the region. For being one of the wealthiest billionaires in the worldnearly as wealthy as Metas Mark ZuckerbergZhao is relatively unknown. Cookie Policy Strangely, to kickstart arbitration with Binance one had to mail Binance Europe Services Limited located in Malta (where the company was never licensed to operate, said Maltese regulators).