Get Ready Malta – Binance is Moving In!

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As reported by Bloomberg, Binance is looking to open an office in Malta.

Binance CEO, Changpeng Zhao, said that they were looking to start a “fiat-to-crypto exchange” in Malta. Reportedly, Binance is close to securing a deal with Malta banks. This will give the crypto exchange access to deposits and withdrawals.

Zhao continued on to say that “We are very confident we can announce a banking partnership there soon. Malta is very progressive when it comes to crypto and fintech.” A specific timeline, however, has not been provided.

Why the move?

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