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