Just saw this news: Binance may be returning to Malaysia.
Malaysia is definitely a market worth pursuing for Binance. After new regulations took effect in May this year, the government began allowing cryptocurrency ETFs. Last year, locally licensed exchanges saw $4 billion in trading volume, up 23%. But local exchanges are nowhere near as competitive as Binance, and their product experience falls far short. If Binance can get regulatory approval, it would definitely be the first choice.
#币安 #马来西亚 $BNB
Malaysia is definitely a market worth pursuing for Binance. After new regulations took effect in May this year, the government began allowing cryptocurrency ETFs. Last year, locally licensed exchanges saw $4 billion in trading volume, up 23%. But local exchanges are nowhere near as competitive as Binance, and their product experience falls far short. If Binance can get regulatory approval, it would definitely be the first choice.
#币安 #马来西亚 $BNB
