Binance will launch a new digital asset exchange in Indonesia through a joint venture with a consortium led by MDI Ventures, an investment arm of Telkom Indonesia.
Beata Zawrzel/NurPhoto via Getty Imageswill launch a new digital asset exchange in Indonesia through a joint venture with a consortium led by MDI Ventures, an investment arm of Telkom Indonesia.
“Our ambition at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a significant step in that direction,” said Binance founder and CEO“With fast technology adoption and strong economic potential, Indonesia could become one of the leading centers of the blockchain and crypto ecosystem in Southeast Asia,” he added.
The consortium of digital and fintech companies partnering with Binance are said to have access to more than 170 million consumers in the world's fourth most populous country. Binance said it will provide asset management infrastructure and technology to support the development of the new exchange.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase and CoinMarketCap briefly display erratic cryptocurrency price actionOn CoinMarketCap, Shiba Inu was indicated at $22,026 at one point, when it was accurately trading at around $0.000034. The issues have been resolved. The companies have yet to disclose the cause or causes of the issues.
Read more »
In pictures: Kentucky takes stock after tornado destructionCommunities still searching among damage caused by deadly tornadoes in the US South and Midwest are turning to the grim task of honouring and burying their dead
Read more »
Europe stores shun Brazil beef over Amazon deforestation linksSeveral supermarket chains have pulled Brazilian beef products from shelves after the country's meat-processing giants were found to be linked to the destruction of the world's largest tropical rainforest.
Read more »
China auto sales to hit 27.5 mln in 2022, up 5.4% - industry bodyAutomobile sales in China, the world's largest car market, will likely rise 5.4% to hit 27.5 million in 2022, the country's top auto industry body said.
Read more »
Meet the cryptokingsWhat does it take to stay on top in the most volatile market of all? On “Money Talks”, we speak to brian_armstrong, cz_binance and SBF_FTX, the founders of some of the biggest crypto exchanges
Read more »
One of crypto's brightest stars is leaving venture-capital powerhouse Andreessen Horowitz to start her own firm“Thanks to the hard work of many, it has exceeded both of our wildest expectations,” crypto rock star Katie Haun wrote via Twitter about a $2.2 billion crypto fund she co-chairs.
Read more »