The World’s Biggest Crypto Exchange Is Heading to Malta

• Binance to announce banking partnership in Malta: Zhao • Move to Europe comes after crackdowns in Japan, China

Binance, the world’s largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean.

The company, founded last year in Hong Kong, is planning to open an office in Malta, said founder Zhao Changpeng in an interview from Hong Kong. Binance will soon start a “fiat-to-crypto exchange” on the European island nation, and is close to securing a deal with local banks that can provide access to deposits and withdrawals, he said, without providing a timeframe.

“We are ...