“Let’s Focus on Tech First” by Cointelegraph

Binance, recognized as the largest cryptocurrency exchange globally and the proprietor of a prominent crypto pricing platform, is making strides towards China—one of the most skeptical regions regarding cryptocurrencies. After departing the country in 2017 due to a nationwide ban on crypto activities, Binance has now taken a significant step by registering a Chinese domain.

The newly registered domain, Binance.cn, has received approval from China’s Ministry of Industry and Information Technology (MIIT). According to public records from the MIIT, this domain was sanctioned by the state authority in early April 2020.

In light of this development, Binance’s CEO expressed a focus on technological advancements as the company takes this pivotal step.