Binance, a leading cryptocurrency exchange platform, has selected Greece as its base for expanding into the European Union.
The company's Co-CEO, Richard Teng, emphasized the importance of Greece's labor force and security profile in the decision-making process. Binance aims to leverage these factors to establish itself as a major player in the EU market.
BNB, the platform's native cryptocurrency, has seen a 4.33% surge over the last 24 hours, with its price reaching $628.04. This uptick reflects a weekly increase of 3.46% and a monthly decline of 28.52%. The platform's 24-hour trading volume has also risen by 43.97%.