Binance bets on Greek labour, security for EU growth, co-CEO Teng says
Market Intelligence Analysis
AI-PoweredBinance co-CEO Richard Teng highlights Greece's labour force and security profile as key factors in choosing Greece as its EU regulatory home, citing its edge over larger financial centres.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Binance co-CEO Richard Teng on Thursday said Greece's labour force and security profile gave it the edge over larger financial centres when the world's biggest cryptocurrency exchange was selecting a regulatory home in Europe. Binance, which holds about $44 billion worth of bitcoin in its customer wallets, last month applied in Greece to operate in the European Union under the trading bloc's Markets in Crypto-Assets Regulation (MiCA) scheme.
Analysis and insights provided by AnalystMarkets AI.