- Binance refutes a report that it will be opening an office in Beijing.
- Blockchain research remains to be the strategy Binance has for the Chinese region.
The CEO of Binance, Changpeng Zhao has denounced the news that the largest cryptocurrency exchange world, could be having a ‘homecoming’ by opening an office in Beijing. Zhao in an interview with Bloomberg said:
“We don’t have an office in Beijing. That’s a rumor. That’s not true.”
Although he called the news of the office in Beijing a rumor, Zhao says that the company’s strategy is to push for blockchain research in China. Binance is ready to give a helping hand “whenever they can.”
“Our strategy is very simple. I think we want to follow the recommendations very closely and we want to promote the Blockchain technology research and development.”
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