Crypto bourse Binance says no China office amid raid rumours


The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali, Malta October 3, 2019. REUTERS/Darrin Zammit Lupi

PORTLAND: Binance Holdings Ltd., operator of one of the world’s largest cryptocurrency exchanges, said it doesn’t have any "fixed offices in Shanghai or China” amid rumors that police raided the facilities in the nation’s biggest city.

"Any reports of a police raid are false, ” a spokesperson for Malta-based Binance said in an email. "We do not have an office in Shanghai.”

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