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Author Topic: [2018-03-23]Regulators to Close Binance in Japan. Binance Moving to EU  (Read 131 times)
Vladdirescu87
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March 27, 2018, 10:42:37 AM
 #21

Prime Minister of Malta: “Many Cryptocurrency Companies Have Either Moved Or Making Plans to Move to Malta”

https://btcmanager.com/prime-minister-of-malta-many-cryptocurrency-companies-have-either-moved-or-making-plans-to-move-to-malta/

So, it could be not just Binance.

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March 27, 2018, 06:18:34 PM
 #22

Prime Minister of Malta: “Many Cryptocurrency Companies Have Either Moved Or Making Plans to Move to Malta”

https://btcmanager.com/prime-minister-of-malta-many-cryptocurrency-companies-have-either-moved-or-making-plans-to-move-to-malta/

So, it could be not just Binance.

I was asking the question about mining before understanding that it is related to exchanges mainly and non mining stuff. Energy import dependency in Malta is > 90% mainly fuel, with a renewable energy source < 5%.

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March 28, 2018, 10:08:51 AM
 #23

From the word “rumors” seems to be suspicious when binance CEO itself are not giving out such details or affirm of such regulatory compliance from Japanese Government. It can be a case of bad news spreading again to lower the prices on crypto coin under Binance. This is a matter of fact my concern than any truthfulness of this issue.

If this is really true,the Binance CEO would try to hide or at least deny this information for a while,in order to avoid major cryptocurrency price crash and panic across the Binance traders.This is just rumors,but if it`s true,I don`t think that this is bad news at all.Small countries ,like Malta can be more crypto friendly and open to new innovations.

In this era of transparency, I don’t think any high ranking officials in Binance will have that clever idea of hiding such important information. Panic can fullout even with just this news, but to confirm this can crash the crypto world slightly.

 In Malta (small country with big potential) as a collocation to establish the new Binance is a good choice. This is not a simple case of closure if this are all true.
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March 29, 2018, 12:46:08 PM
 #24

As far as I know, Binance's head office is located in Hong Kong, they just wanted to open their branch in Japan. What they are doing in Malta - they aren't moving away from Japan, it is simply opening a new office in Europe. So this exchange's ban in Japan wouldn't be a global importance; in any case, the exchange would continue to work with their offices around the world.

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March 29, 2018, 01:15:57 PM
 #25

What dahhh? I'm confused as to what  and whom to believe now.  I hope binance is just having a new branch ìn malta. With this moving out news i guess this would create another panic and would domino affect the prices of cryptos again.

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March 29, 2018, 10:28:44 PM
 #26

Binance is powerful enough to overcome these kind of issues and work without any difficulties in another place, that's for sure
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