Until February 2020, Binance was considered to be located in Malta. Currently the company’s locations are “decentralized” according to Binance CEO Changpeng.
Feb. 2020: Binance applied for a license in Singapore.
Feb. 2020: Malta Financial Services Authority declared
Binance is neither licensed to operate, nor is it regulated in Malta
Jan. 2020: Singapore allows Binance can provide services without a PSA license until July 28, 2020
Jan.2020: Malta prime minister Joseph Muscat resigns
Mar. 2018: Malta prime minister Muscat welcomed Binance to Malta (via Twitter), stating: “Welcome to Malta, Binance.”
FTX’s main base of operations is in Hong Kong. It has implemented a strict policy in regards to onboarding based on location restrictions.
May. 2020: FTX.us goes live
May 2019: FTX.com Launched operations
Huobi Global is a Seychelles based cryptocurrency exchange. Huobi Technology is a blockchain subsidiary located in Gibraltar.
Feb. 2020: Deribit moves to Panama
Jun. 2016: Deribit starts its operation in Amsterdam, Netherlands
OKEx is a Malta(EU) based cryptocurrency exchange that has offices in San Francisco, Malta, Hong Kong, Singapore, Japan and Korea. OKCoin Holdings is the parent company of OKCoin. The CEO of OKEx is Jay Hao (Twitter) and it’s founder is Star Xu (Beijing).
Nov. 2020: OKEx has reopened withdrawals
Oct. 2020: OKEx suspends withdrawals
Oct. 2020: A founder of the OKEx cryptocurrency exchange was detained by police
Jan. 2019: Star Xu(through OKC Holdings Corp), has acquired a controlling share of LEAP Holdings Group, a construction firm listed on the Hong Kong exchannge
- Malta: Binance, OKEx
- Panama: Deribit
- Seychelles: Huobi
- Honk Kong: FTX