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.
Cryptocurrencies
Binance edges closer to making bid for Hong Kong crypto license
Expansion comes as city loosens crypto-trading rules
Binance is moving to hire key officials that it will need in order to apply for an operating license in Hong Kong. The Chinese territory is trying to become Asia's digital asset hub. © Reuters
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