Quote from: kang_kung on July 17, 2020, 03:36:49 PM

Quote from: xenon131 on July 17, 2020, 03:27:38 PM

they are shifting their focus to Europe at a time as of losing market in South Asia. where one further country is in the process of blocking Binance, Malaysia ths time... Malaysian regulatory authority overseeing security operations has added exchange to the ""its list of unauthorized companies, saying the platform is operating a recognized market without authorization.” Wouldn't be surprise for me if they move their headquarter to Europe.

Not really, they just want to change a market to suit the goal of this card. Asia markets prefer hard cash or e-wallet than credit cards. But yeah, govt could also a reason too.

Binance is obviously trying to make good impression in public by pulling exchange's first ever crypto card. According to Cointelegraph news, the card is supposed to roll out first in South East Asia, particularly Malaysia, however, the former hadn't been approved by Malaysia's regulatory body.

Let us say, the exchange divert binance card launch to Europe in order to established greater market; factor is still be considered much to say South East Asia has greater regulatory barriers than that of Europe. And so a lot of resistance.

Quote from: Natalim on July 17, 2020, 03:41:35 PM

Getting bigger and bigger, more great news for Binance and I would expect that they will be in the top soon, next to bitcoin.
I like it, hopefully one day they'll roll this out that will be available to everyone so transaction would be easy.

I haven't read the details yet but I think if you have a balance in your binance account, you'll be able to fund the card, right?

Indeed true, moreover, compared to other exchanges, Binance worked hard to develop innovative approach to its stakeholders. I wonder if they will to pursue public offering like what coinbase and ripple, though its still speculation.