The world’s fastest-growing main monetary trade has no head workplace or formal handle, lacks licenses in international locations the place it operates and has a chief govt who till not too long ago wouldn’t reply questions on his location.
Began simply 4 years in the past, Binance is the trade big that towers over the digital foreign money world, a crypto equal of the London, New York and Hong Kong inventory exchanges mixed. After a burst of development, Binance processes extra trades for cryptocurrencies similar to bitcoin and ether every day, $76 billion value, than its 4 largest opponents put collectively, in response to information supplier CryptoCompare.
