{"id":62940,"date":"2022-09-05T11:11:31","date_gmt":"2022-09-05T04:11:31","guid":{"rendered":"https:\/\/wikibinance.com\/?p=62940"},"modified":"2022-10-10T10:20:44","modified_gmt":"2022-10-10T03:20:44","slug":"binance-chinese-company","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/news\/binance-chinese-company.html","title":{"rendered":"Binance CEO Dispels “Chinese Company” Allegations"},"content":{"rendered":"

Binance rejects “Chinese company” accusations<\/strong><\/h2>\n

ChangPeng Zhao<\/a> responds to<\/b> recent attacks in the media and negative campaigns from competitors and rivals in a blog post about Binance\u2019s journey.<\/p>\n

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Binance CEO makes a big announcement about the relationship between Binance and Guangying (Heina) Chen as well as a history of connections to China.<\/p>\n

\"Binance
Binance CEO dispels Chinese company allegations<\/figcaption><\/figure>\n

In response\u00a0to media\u00a0inquiries\u00a0about Guangying Chen, a Chinese\u00a0citizen at the time, CZ said that Guangying Chen was the legal representative of an IT company, Bijie Tech, which he started in China two years before founding Binance<\/a>. This aims to ease restrictions on businesses owned and operated\u00a0 by foreigners while he is a Canadian citizen.<\/p>\n

Binance<\/a> restricted activities in China in 2017 and no longer provide any services there. Binance operates like any globally distributed company with many subsidiaries and that Binance is neither legally nor culturally\u00a0a Chinese\u00a0company.<\/p>\n

Binance\u2019s executive team is now more heavily dominated by Europeans and Americans. Our broader employee base is even more globally distributed. Despite these facts, some people insist on calling us a \u201cChinese company,\u201d and in doing so, they don\u2019t mean well.<\/p><\/blockquote>\n

>>> Related: Guide to sign up for Binance account update 2022<\/a><\/em><\/p>\n

Binance is not a Chinese company<\/strong><\/h2>\n

With an attempt from an immigrant from China to Canada at age 12 to become the CEO of Binance, CZ states that people can’t \u201cfree rein to cast aspersions\u201d on him or the company because of his Chinese origin. The recent question from a Washington Post reporter led to allegations of Binance working with the Chinese government.<\/p>\n

\"Binance
Binance is not a Chinese company<\/figcaption><\/figure>\n

The greatest challenge that Binance faces today is that we (and every other offshore exchange) have been designated a criminal entity in China. At the same time, our opposition in the West bends over backward to paint us as a \u201cChinese company.\u201d – Binance CEO ChangPeng Zhao<\/p><\/blockquote>\n<\/div>\n\n\n

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Binance rejects “Chinese company” accusations ChangPeng Zhao responds to recent attacks in the media and negative campaigns from competitors and rivals in a blog post about Binance\u2019s journey. Binance CEO makes a big announcement about the relationship between Binance and Guangying (Heina) Chen as well as a history of connections to China. In response\u00a0to media\u00a0inquiries\u00a0about […]<\/p>\n","protected":false},"author":28,"featured_media":62941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[392],"tags":[1457,4002,2033,4001],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62940"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=62940"}],"version-history":[{"count":5,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62940\/revisions"}],"predecessor-version":[{"id":65790,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/62940\/revisions\/65790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/62941"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=62940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=62940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=62940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}