Crypto at a glance Binance In Channel Islands JerseyJune 14, 2018
Crypto at a glance Binance In Channel Islands Jersey
- Cryptocurrency exchange Binance plans to expand further after Malta by agreeing to develop a compliance base and open a cryptocurrency exchange in Jersey, which is the biggest of the Channel Islands, between England and France.
- Digital Jersey is the independent organization that represents & promotes Jersey's digital industries.
Jersey is the biggest of the Channel Islands, between England and France. Digital Jersey is the independent organization that represents & promotes Jersey's digital industries.
Digital Jersey's principal aim is to facilitate the growth of the digital sector, increasing its economic value to Jersey and to create more employment opportunities.
Jersey was one of the first countries in the world to clarify the legal position of cryptocurrency exchanges back in 2015.
Binance also plans to invest in new Jersey-based digital sector start-ups through Binance Labs.
Meanwhile, Digital Jersey will also assist Binance in discussions on compliance with anti-money-laundering regulations, and to establish exchange licensing and local banking relationships.