Binance Accelerates Regulatory Expansion in Asia

In a recent interview with Nikkei Asia in Tokyo, Binance's Asia head, SBSeker, revealed that the company aims to obtain five additional regulatory licenses across Asia this year. This expansion will bring Binance’s global compliant jurisdictions to over 20.

Currently, Binance holds regulatory approvals in Australia, India, Indonesia, Japan, New Zealand, and Thailand. With the acquisition of South Korea’s local exchange Gopax finalized, South Korea is also expected to be added to its list of regulated markets.

  • Some new license applications are in the final stages
  • Specific target markets were not disclosed

Executive Background

Seker joined Binance last year after previously working at Singapore-based crypto platform Crypto.com Group. He has also held senior legal roles at Ant Group and Rothschild, and served at the Monetary Authority of Singapore (MAS).