The post Binance doubles down on APAC, plans 5 new licenses this year to expand global footprint appeared on BitcoinEthereumNews.com. Binance is looking to deepenThe post Binance doubles down on APAC, plans 5 new licenses this year to expand global footprint appeared on BitcoinEthereumNews.com. Binance is looking to deepen

Binance doubles down on APAC, plans 5 new licenses this year to expand global footprint

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Binance is looking to deepen its presence in the Asia-Pacific region.

SB Seker, the company’s regional head, told Nikkei Asia that they plan to obtain five additional licenses in Asia this year, which would bring its global regulatory footprint to more than 20 jurisdictions.

The largest crypto exchange by trading volume currently holds approvals in Australia, India, Indonesia, Japan, New Zealand, and Thailand across the Asia-Pacific region. South Korea is expected to join that list once the firm completes its acquisition of local exchange Gopax.

Seker, who joined the firm last September after previous roles at Crypto.com, Ant Group, and the Monetary Authority of Singapore, declined to name specific markets but noted some are close to finalization while others involve ongoing discussions with local authorities.

The licensing effort reflects a broader push to meet compliance standards across key markets while deepening product offerings to attract users. The platform has more than 300M registered accounts globally.

In 2025, Binance recorded over $7.1 trillion in spot trading volume and accounted for nearly 40% of activity among the top 10 centralized exchanges, according to CoinGecko data.

A 2025 Consensus report estimated that 535 million adults in the Asia-Pacific region hold or use digital assets.

The company exited direct retail services in Singapore in 2021 after withdrawing its license application amid a tough regulatory stance. It still serves institutional clients there.

Seker described Singapore as a potentially interesting market but said the retail segment remains small.

Addressing recent reports that alleged Binance moved about 1.7 billion in funds tied to illicit entities, Seker said the claims lacked evidence and reiterated that the company maintains strict know-your-customer and compliance procedures across its operations.

The compliance team has grown by 30% annually over the past two years and now includes roughly 1,500 professionals.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Source: https://cryptobriefing.com/binance-apac-expansion-global-footprint/

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0,0005078
$0,0005078$0,0005078
-2,62%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Silver Prices Edge Closer to a Pivotal Support and Resistance Test

Silver Prices Edge Closer to a Pivotal Support and Resistance Test

The post Silver Prices Edge Closer to a Pivotal Support and Resistance Test appeared on BitcoinEthereumNews.com. The silver market, although experiencing recent
Share
BitcoinEthereumNews2026/03/07 11:29
U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
Share
BitcoinEthereumNews2025/09/18 09:14
[Newspoint] Overpaid troll

[Newspoint] Overpaid troll

KAUFMAN. Former president Rodrigo Duterte's lawyer Nicholas Kaufman delivers his opening statement before the ICC Pre-Trial Chamber I on February 23, 2026.
Share
Rappler2026/03/07 11:00