Binance cryptocurrency exchange is negotiating with Indonesia’s largest bank, Bank Central Asia (BCA) and state telecommunications company Telkom Indonesia, to set up a joint venture in the country. Writes about it Bloomberg citing knowledgeable sources.
This is a digital asset trading platform. The interlocutors of the publication noted that the deal is still being discussed and its terms may change.
Owned by the richest family in Indonesia, Hartono BCA can form a partnership with the exchange through one of its divisions. Telkom Indonesia is interested in investing in the blockchain sector through MDI Ventures.
BCA and Telkom Indonesia are public companies. The capitalization of the first exceeds $ 63 billion, the second is estimated at $ 28.6 billion.
Binance is already on the Indonesian market. In 2020, the company acquired a controlling stake in the regulated bitcoin exchange Tokocrypto. In the next two to three years, the latter plans to enter the stock market.
Binance previously acquired an 18% stake in the Singapore-based Hg Exchange security token platform.
As a reminder, in December Zhao announced the company’s plans to obtain registration in the UK.
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Binance cryptocurrency exchange is negotiating with Indonesia’s largest bank, Bank Central Asia (BCA) and state telecommunications company Telkom Indonesia, to set up a joint venture in the country. Writes about it Bloomberg citing knowledgeable sources.
This is a digital asset trading platform. The interlocutors of the publication noted that the deal is still being discussed and its terms may change.
Owned by the richest family in Indonesia, Hartono BCA can form a partnership with the exchange through one of its divisions. Telkom Indonesia is interested in investing in the blockchain sector through MDI Ventures.
BCA and Telkom Indonesia are public companies. The capitalization of the first exceeds $ 63 billion, the second is estimated at $ 28.6 billion.
Binance is already on the Indonesian market. In 2020, the company acquired a controlling stake in the regulated bitcoin exchange Tokocrypto. In the next two to three years, the latter plans to enter the stock market.
Binance previously acquired an 18% stake in the Singapore-based Hg Exchange security token platform.
As a reminder, in December Zhao announced the company’s plans to obtain registration in the UK.
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