HONG KONG -- Cryptocurrency platform Binance is hiring officials that it will need in order to apply for a license to offer services in Hong Kong, highlighting the digital asset giant's efforts to put down roots in Asia as it faces increased scrutiny in the U.S.
The digital asset specialist has recently hired a "responsible officer," an individual licensed by the Securities and Futures Commission (SFC), and it is looking for a government relations director to focus on Hong Kong, according to people familiar with the company's moves.