Binance and Bitfinex, the permanent members of the TOP-10 largest exchanges on the global crypto-currency market, can completely leave Asia this year due to the impractical policy of regulators who continue to exert pressure and impose one restriction after another.
After this, Europe, despite the stringent demands of KYC / AML, seems to be a more reliable haven, primarily because of the greater stability and conservatism of state policy.
Last week, the Binance Exchange left Asia and transferred all operations to Malta. In an official statement, the platform team and its director, Changpeng Zhao, said they had reached an agreement with the Maltese government in the transformation of the country into "Blockchain Island".
Another large Asian site is considering moving. Recently it became known that Bitfinex seriously thought about moving to Switzerland. The Swiss canton Zug has been known for a number of years already for its positive attitude to crypto-currencies, and it is even often called "crypto valley
".
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