According to a Reuters report, Binance, one of the world’s leading cryptocurrency exchanges, has officially opened its cryptocurrency exchange in Thailand.
Binance was also granted a license to conduct certain operations in Dubai in 2022. This highlights the growing interest from major players in establishing a presence in the UAE and leveraging the region’s potential as a thriving crypto market.
The daily chart shows BNB’s sideways price action over the past 24 hours. Source: BNBUSDT on TradingView.com
Binance Coin (BNB) is trading at $316, exhibiting a sideways price movement over the past 24 hours and a marginal decrease of 0.4%. However, it has demonstrated a notable gain of 4.5% over the past 7 days.
Featured image from Shutterstock, chart from TradingView.com
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Author: Ronaldo Marquez
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