The world's fastest-growing major financial exchange has no head office or formal address, lacks licenses in the countries where it operates, and has a CEO who until recently did not answer questions about his location.
Started just four years ago, Binance is the exchange giant that dominates the world of digital currency, a crypto equivalent of the London, New York, and Hong Kong stock exchanges combined. After a burst of growth, Binance processes more transactions for cryptocurrencies such as bitcoin and ether each day, worth $ 76 billion, than its four largest competitors combined, according to data provider CryptoCompare.
