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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Tech & Innovation
4 mins to read

Local banks refuse to work with Binance NZ

Global cryptocurrency giant’s local operation says it has to pay staff and rents from offshore bank accounts.

Binance NZ general manager Ben Rose.

The local arm of the world’s largest cryptocurrency exchange has been unable to open a New Zealand bank account, despite saying it has approached every bank in the country.

Binance New Zealand’s general manager Ben Rose made the comment to NBR during a discussion about how the company was

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Nicholas Pointon Thu, 09 Feb 2023
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Local banks refuse to work with Binance NZ
Tech & Innovation,
97586
true