In 2013, he joined as the third member of the cryptocurrency wallet's team. 2013–2017: company beginnings and move out of ChinaĬEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai the company built high-frequency trading systems for stockbrokers. Historyĥ years birthday Binance cake in Paris in July 2022. In 2021, Binance shared client data, including names and addresses, with the Russian government.

The UK's Financial Conduct Authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021.

In 2021, Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses. Binance was initially based in China, but later moved its headquarters out of China shortly before the Chinese government imposed regulations on cryptocurrency trading. It was founded in 2017.īinance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Cryptocurrency exchange, cryptocurrenciesīinance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in the world in terms of daily trading volume of cryptocurrencies.

Bitcoin stock price 2017