Cryptocurrency platform Binance focusing on compliance amid global scrutiny: CEO

Binance is making slow progress here as it is still waiting for a licence under the Payment Services Act.
Binance is making slow progress here as it is still waiting for a licence under the Payment Services Act.ST PHOTO: YONG LI XUAN

SINGAPORE - The regulatory minefield that cryptocurrency platform Binance must navigate amid growing scrutiny globally is its biggest task ahead, said its chief executive and founder Zhao Changpeng in an exclusive interview with The Straits Times.

For instance, it has to tailor its processes to suit the different demands that different jurisdictions are putting in place.

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