About Binance

Binance is the world's leading blockchain ecosystem, best known for operating the largest cryptocurrency exchange by daily trading volume. Founded in 2017 by Changpeng Zhao, a developer with prior expertise in high-frequency trading software, Binance quickly grew from its origins in China to become a global crypto powerhouse, relocating its base multiple times due to regulatory pressures and currently operating without an official headquarters[2][1]. Binance's mission is to provide the infrastructure for the future of crypto, enabling users worldwide to freely earn, hold, spend, share, and give digital assets. Its extensive product suite includes Binance Exchange, the largest crypto trading platform; Binance Research, offering institutional-grade analysis; Binance Academy, an open-access educational hub; Binance Charity, which promotes Web3 for social good; and Binance NFT, a marketplace dedicated to non-fungible tokens[1]. Despite its rapid growth and innovation, Binance has faced significant regulatory challenges. It has been banned or restricted in several countries and fined for various compliance issues. In 2021, investigations by the U.S. Department of Justice and IRS targeted Binance over money laundering and tax offenses. The UK's Financial Conduct Authority banned Binance from regulated activities in the UK the same year. In November 2023, Binance pleaded guilty in a U.S. federal court to money laundering, unlicensed money transmission, and sanctions violations. More recently, Binance was linked to business dealings with the Trump family, culminating in a presidential pardon for Zhao in October 2025[2]. Binance remains a dominant player in blockchain innovation and adoption. It was named the top digital asset platform in CNBC and Statista’s 2025 World's Top Fintech Companies list, recognized for leadership in digital assets, blockchain education, and product innovation, highlighting its global reach and commitment to secure, accessible crypto services[3][4]. Valued around $20 billion as of 2023, Binance continue

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