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ARTICLE · 13 JUNE 2018

Digital Jersey Signs MOU With World's Largest Cryptocurrency Exchange, Binance

Jersey Finance Limited
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Digital Jersey has signed a Memorandum of Understanding with the world's largest cryptocurrency exchange, Binance.

JerseyFinance and Banking
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Digital Jersey has signed a Memorandum of Understanding with the world's largest cryptocurrency exchange, Binance.

The exchange has selected Jersey to further develop its global compliance base as it continues to expand its business. Key factors that attracted the exchange to Jersey include our developed digital infrastructure, robust regulatory framework, collaborative relationships and forward-thinking approach.

As digital innovation forms a key part of our jurisdictional strategy, Jersey Finance recognises the potential of distributed ledger/blockchain technology and fintech more generally for the future success of Jersey. We welcome and support constructive efforts such as this exploratory engagement with Binance to responsibly innovate in fintech, not least in the creation of new jobs which will be good news for the economy.

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