![]() The group this week announced that it had secured cryptoasset licences from both Dubai and Bahrain, as it moves away from portraying itself as a decentralised organisation with no fixed headquarters. The Binance ecosystem is comprised of Binance Exchange (the largest global cryptocurrency exchange) with millions of users from over 180 countries and regions, Binance Labs (venture capital arm and incubator), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability) and Trust Wallet (the official multi-coin wallet and dApps browser of Binance).Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.īinance, the world’s largest cryptocurrency exchange, is setting down roots in the Gulf as it seeks to placate global regulators by establishing a fixed home base and regulatory ties for its international business. By bringing together and connecting the most forward-thinking participants in financial services, Innovate Finance is helping create a global financial services sector that is more transparent, more sustainable and more inclusiveīinance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money worldwide. All benefit from Innovate Finance’s unique position as the single point of access to promote enabling policy and regulation, talent and skills, business opportunity and growth, and investment capital. Innovate Finance’s membership ranges from seed-stage startups and global financial institutions to investors, professional services firms, and global FinTech hubs. Our mission is to accelerate the UK’s leading role in the financial services sector by directly supporting the next generation of technology-led innovators. Innovate Finance is the independent industry body that represents and advances the global FinTech community in the UK. We look forward to collaborating to build a strong and fruitful partnership long into the future." Parveen Dhanda, Ecosystem Director at Innovate Finance, comments: "We are delighted to welcome Binance to the Innovate Finance community, where they will join an ever-growing ecosystem of forward-thinking and innovative companies, ranging from seed-stage startups and global financial institutions to investors, professional services firms, and global FinTech hubs. ”, said Ilir Laro, Head of UK Operations at Binance. “We’re delighted to join Innovate Finance and look forward to supporting the UK’s advancement of proportionate and effective regulation as well as making it easier for FinTech companies as well as Financial Institutions to work together for mutual benefit. ![]() Together, this group of industry experts and stakeholders collaborate to bring together and connect the most forward-thinking participants in Fintech, promoting the highest possible standards and creating a global financial services sector that is more transparent, more sustainable and more inclusive. Binance UK is excited to renew its membership at Innovate Finance, an independent not-for-profit industry body representing the UK's Global FinTech community, as a Scaleup Innovator for another year until 2023.Īs a global leader in the digital asset industry, Binance is committed to working with trade associations to educate and support the development of informed and effective governance models which promote the overall growth of the blockchain ecosystem.
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