Posted on by

In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto



Share

Mr. Zhao founded Binance after a brief career in finance, including a stint at Bloomberg, where he built trading software. He created the exchange when he was living in Shanghai.But soon after, the Chinese government banned cryptocurrency exchanges like Binance from operating in the country, and many of the company’s employees fled. Mr. Zhao maintains an active presence on Twitter but isn’t always easy to track down, having moved between Japan, Singapore, Lithuania, Malta and Dubai.Binance’s lack of a fixed headquarters is in keeping with the trend of remote work, said Jessica Jung, a company spokeswoman. In an emailed statement, Ms. Jung said the exchange had established a local presence in …

Read More