Binance Reportedly Trades Crypto in China Despite Ban, Says It Runs 'Test Site'

Cointelegraph

Published Jun 10, 2020 10:30AM ET

Updated Jun 10, 2020 12:00PM ET

Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges.

According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting a website called “binancezh.com” on his Weibo (NASDAQ:WB) page.

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