Binance Stock Exchange lists three new companies in Ireland

As the regulatory crackdown against cryptocurrency trading continues in China, Binance , the world's largest crypto exchange by trading volume, has moved to consolidate its operations in another country, Ireland.

Three new companies in Ireland

According to a report issued by a local media outlet, in the past ten days, the stock exchange has successfully registered three new companies in Ireland, namely:

Binance (APAC) Holdings , Binance (Services) Holdings, and Binance Technologies , to add to its core company, which it set up in Ireland last year, Binance (Ireland) Holdings .

Binance Exchange and Regulators Around the World

Before China declared cryptocurrency trading illegal, the exchange , Binance , faced a significant level of hostility from regulators around the world.

Just last month, the exchange was forced to suspend some of its operations in Singapore, after the Asian country's leading financial regulator ordered it to stop providing payment services to the country's residents.

Aside from Singapore, problems with other financial regulators spread in different countries have forced the regulators in the Czech Republic to announce that the exchange will soon have a physical headquarters in the country, due to the fact that the authorities do not know how to deal with Binance , due to Its lack of verifiable headquarters.

However, Binance is making progress in its efforts to become more compliant, restricting some of its product offerings in a number of countries, due to these regulatory pressures.