The world's largest cryptocurrency exchange, Binance, is still in the process of deciding where to base its global headquarters. The company's CEO, Richard Teng, stated that the decision is complex and involves factors such as governance, tax considerations, and talent availability. Binance has been undergoing corporate restructuring in an effort to restore confidence after its former CEO, Changpeng Zhao, pleaded guilty to violating U.S. anti-money laundering laws. The exchange has secured licenses and registrations in various countries, including the UAE, which is emerging as a potential hub. Teng also mentioned the potential impact of the U.S. adopting a friendlier regulatory stance on Bitcoin. In terms of market share, Binance dominates the top 10 crypto exchanges with a 49% share.



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