BINANCE (BNB)
Binance
is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies.
It was founded in 2017 and is registered in the Cayman Islands.
Binance
was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.
Binance
was initially based in China, but later moved its headquarters out of China following the Chinese government's increasing regulation of cryptocurrency.
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.
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