Binance , sets up shop in New Zealand
Auckland | Binance, the world’s leading blockchain, and cryptocurrency infrastructure provider, has today announced its successful registration as a financial service provider with the New Zealand Ministry of Business, Innovation, and Employment (MBIE) and the official launch of Binance New Zealand. The move signals a significant moment in the expansion of New Zealand’s burgeoning Web3 sector and an opportunity for Kiwis to trade confidently on the world’s leading exchange. New Zealand is the most recent of Binance’s global registrations, which include France, Italy, and Spain, among others. Binance founder and CEO, Changpeng Zhao – more commonly known as CZ – says the decision to open a New Zealand office made strategic sense for the decentralized global firm. “A lot of major tech firms are slow to open a New Zealand office. I guess for some, it’s easy to overlook as it’s a smaller market but we see significant value in having a serious New Zealand presence,” he says. “The hist...