Binance May Open Office in South Korea

Local media pointed to the fact that earlier Binance had added Korean language support and hired two representatives of the local crypto industry
24 July 2018   827

After the CEO of Binance Changpeng Jao ​​pointed out the special importance of the South Korean crypto-currency market, local media suggested that the branch office would be opened in the future. According to Business Korea, Binance is already looking for managers for the new division.

Local media pointed to the fact that earlier Binance had added Korean language support and hired two representatives of the local crypto industry to the position of local marketing director and head of the Binance Labs fund.

It is worth noting that the interest of a major site to South Korean jurisdiction is explained by the willingness of local legislators not only to consider a number of regulatory and legal acts to regulate the crypto-currency sector, but also to remove last year's ban on ICO.

Binance plans to open from 3 to 5 local branches in 2018. So, less than a month ago, the company announced the launch of a new trading platform in Uganda with support for fiatic trades.

Binance to Go for 8 Hour Maintenance

According to the team, site will go into maintenance on Tuesday, March 12, at 02:00 UTC and 8 hours is the estimated time, which may change in the process
11 March 2019   154

Binance informed about upcoming technical works on the platform, which are expected to last about 8 hours.

According to the new entry on the stock exchange website, the stock exchange will go into maintenance on Tuesday, March 12, at 02:00 UTC.

At this time, accepting deposits, withdrawing funds and trading will be suspended, and deposits that will not be credited to users' accounts before the start of work will be received after their completion.

Also, the exchange noted that 8 hours is the estimated time, which may change in the process.