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Binance Scores Another Regulatory Approval in New Zealand
Binance is not relenting in its efforts to offer its services globally, as the company has received its latest approval in New Zealand. The world’s largest crypto exchange Binance has secured a registration license from New Zealand authorities and also set up a local entity in the country.
The latest development is in line with Binance’s continuous efforts to expand its services globally. Binance CEO Changpeng Zhao, also known as “CZ,” announced the news in a video posted on the company’s official Twitter handle on Thursday (September 29, 2022). According to the exec, the exchange obtained registration to operate as a financial services provider in New Zealand. The latest development comes shortly after Binance revealed plans to reenter the Japanese market after four years, following the nation’s relaxed crypto regulatory framework.
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