The cryptocurrency exchange announced a strategic alliance with Gulf Innova Co., Ltd.
Gulf Binance will open a crypto exchange and digital asset broker in Q4 2023.
Binance, the largest cryptocurrency exchange in the world, is making waves with its global expansions and high-profile collaborations. Binance recently made headlines when it revealed it has acquired Digital Asset Operator Licenses in Thailand. This comes after the company temporarily halted operations in Canada owing to regulatory issues.
On Friday, the cryptocurrency exchange announced a strategic alliance with Gulf Innova Co., Ltd. (Gulf), which would result in the launch of Gulf Binance. In order to get a digital asset operator license from the Thai Ministry of Finance, the Binance exchange has formed a joint venture, as opposed to its prior regional and worldwide debuts.
Booming Center for Crypto
With the approvals in hand, Gulf Binance will go on with its plans to open a cryptocurrency exchange and digital asset broker
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