Binance Secures New Zealand Registration, Opens Local Office

To proceed with opening a local office, Binance has registered with the Ministry of Business, Innovation, and Employment (MBIE) of New Zealand. The registration, which Binance purchased on September 10, will include NFTs, spot trading, and staking, among other activities. Residents of New Zealand can now access its regional website. “We see New Zealand as a bit of a pioneer, so from that perspective, I think there’s a lot to be learned here with our local team working with Kiwis to envisage the future of currency, transactions and the web,” Binance’s CEO Changpeng Zhao (CZ) said. Kia Ora, New Zealand! 🇳🇿 We’re pleased to announce that #Binance has successfully registered as a Financial Service Provider with the New Zealand Ministry of Business, Innovation and Employment, and has officially launched Binance New Zealand. pic.twitter.com/xCyBmRVb2x — Binance (@binance) September 29, 2022 Central Bank of New Zealand The central bank of New Zealand announced last year that it would have public discussions about digital assets, including Bitcoin, stablecoins, and central bank digital currencies. Recently, the Netherlands’ central bank penalized a company €3.3 million (about $3.2 million) for offering unregistered crypto services there. Binance announced last year that it intended to submit an application for registration in the European zone, and it acknowledged that it had done so after receiving a fine. Binance is taking steps t...