Binance Plans To Expand To Eight New Countries But Declines To Confirm Six Of Them

The major crypto exchange Binance is again in the digital currency news, this time for its potential expansion to eight new locations around the world. What’s interesting, however, is the fact that Binance has declined to confirm or even share a crypto press release in which it outlines the new locations. However, a report from The Block dubs a list of locations that may fill in the blanks.

A day after it launched its new European-focused platform for fiat crypto trading in Jersey, Binance was featured in a report which included a spreadsheet allegedly outlining all of the locations for Binance’s fiat-crypto exchanges that are already launched, intended and the ones under consideration.

The latest launch in Jersey follows a list of countries including Uganda, Singapore, Malta, South Korea, Liechtenstein, Argentina, Russia, Turkey and Bermuda which sums up to eight prospective fiat platforms across four continents.

Currently, Binance has confirmed only the Singapore and Malta expansion – both listed in the report as being slated for launch in 2019. However, the exchange did not unveil any information about the six other locations.

One Binance spokesperson suggested that the spreadsheet featured in The Block was perhaps done by the team itself, as it was “definitely not from us” as he said.

The most trusted exchange (according to one investor) recently announced that it would be launching a fiat-to-crypto exchange in Liechtenstein with support for Swiss francs (CHF) and Euros (EUR) even despite the company’s refusal to The Block and its claims.