{"id":952,"date":"2019-07-18T22:48:48","date_gmt":"2019-07-18T19:48:48","guid":{"rendered":"https:\/\/crypto-mining.club\/?p=952"},"modified":"2019-12-03T17:05:21","modified_gmt":"2019-12-03T14:05:21","slug":"binance-denied-reports-of-plans-to-launch-a-crypto-fiatnoy-stock-exchange-in-south-korea","status":"publish","type":"post","link":"https:\/\/crypto-mining.blog\/en\/cryptocurrencies\/binance-denied-reports-of-plans-to-launch-a-crypto-fiatnoy-stock-exchange-in-south-korea\/","title":{"rendered":"Binance denied reports of plans to launch a crypto-fiatnoy stock exchange in South Korea"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"814\" height=\"449\" src=\"https:\/\/crypto-mining.club\/wp-content\/uploads\/2019\/07\/binance.png\" alt=\"binance crypto-mining.club\" class=\"wp-image-947\" srcset=\"\/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/binance.png 814w, \/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/binance-300x165.png 300w, \/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/binance-768x424.png 768w, \/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/binance-769x424.png 769w\" sizes=\"(max-width: 814px) 100vw, 814px\" \/><\/figure>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\"><strong>Binance denied reports of plans to launch a crypto-fiatnoy stock exchange in South Korea<\/strong><\/h2>\n\n\n\n<p>On Tuesday, July 16, information appeared in a number of media that Binance, the leading bitcoin exchange, in terms of trading volumes, intends to open another crypto-fiat platform, this time in South Korea.<\/p>\n\n\n\n<p>The first to spread the information with reference to the local press was The Block, which quoted the CEO of Binance Changpang Zhao\u2019s statement to the local press.<br>\nQuickly enough, however, the publication added a refutation, citing a company representative, who said that this was not true.<\/p>\n\n\n\n<p>Around the same time, Binance is in talks with regulators in South Korea and even registered a unit in the country called Binance LLC, CoinDesk said. Also, the publication claims that the exchange has appointed the director of the unit Jiho Kang.<\/p>\n\n\n\n<p>According to LinkedIn&#8217;s profile information, Jiho Kang is the managing partner and co-founder of the KRWb project from BXB, known as an emulator steakbloin, tied to the Korean Won.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe are negotiating with BXB, but no decision has yet been made,\u201d CoinDesk quotes the words of the representatives of the stock exchange again referring to the Korean press.<\/p><\/blockquote>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"474\" height=\"316\" src=\"https:\/\/crypto-mining.club\/wp-content\/uploads\/2019\/07\/CoinDesk-1.jpg\" alt=\"\" class=\"wp-image-953\" srcset=\"\/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/CoinDesk-1.jpg 474w, \/\/crypto-mining.blog\/wp-content\/uploads\/2019\/07\/CoinDesk-1-300x200.jpg 300w\" sizes=\"(max-width: 474px) 100vw, 474px\" \/><\/figure>\n\n\n\n<p>At the same time, the publication mentions the vacancy of the director of regulatory compliance oversight in South Korea, which the exchange posted earlier this year.<\/p>\n\n\n\n<p>Earlier this month, Binance officially launched a crypto-fiat platform in Singapore.<\/p>\n\n\n\n<p>At the beginning of the year, the company also opened a crypto-fiat exchange on the island of Jersey, and later in the media it was reported that similar sites are also planned to be opened in South Korea, Russia, Turkey, Liechtenstein and in Malta.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance denied reports of plans to launch a crypto-fiatnoy stock exchange in South Korea On Tuesday, July 16, information appeared in a number of media that Binance, the leading bitcoin exchange, in terms of trading volumes, intends to open another&#8230; <\/p>\n","protected":false},"author":2,"featured_media":947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,21],"tags":[74],"class_list":["post-952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-cryptocurrencies","tag-binance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Binance denied reports of plans to launch a crypto-fiatnoy stock exchange in South Korea | CRYPTO MINING BLOG<\/title>\n<meta name=\"description\" content=\"On Tuesday, July 16, information appeared in a number of media that Binance, the leading bitcoin exchange, in terms of trading volumes, intends\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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