Binance Opens Offices in Cyprus
Cyprus, having opened the legal framework for crypto exchanges registration in the country, has started to receive applications through the Exchange Committee. One of the applications comes from Binance, the largest crypto exchange in the world.
Indeed, Binance is expected to open an office in Limassol and looks for Community Manager and Finance Manager as starting positions. The Cypriot Exchange Committee stated that every company is welcome if it fills the basic characteristics from European and Cypriot Exchange Committee Law, especially regarding Anti-Money Laundering practices.
The fact that more and more large companies look to the Greek and the Cypriot market, is considered really positive as they can upgrade the current regulatory framework that crypto companies operate in Greece and Cyprus.
We will see the next moves and the approval or not for the license….