Binance, the major crypto exchange, is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn.
There's magic in the air when it comes to #blockchain and Turkey right now! Great to see @binance @Binance_Turkish looking for managerial staff to establish the office in Turkey. Read more in this article by @Cointelegraph https://t.co/yokIm9lFqr #cryptotwitter #BlockchainNews — Istanbul Blockchain Week (@IstanbulBlockWk) December 6, 2019
On December 6, Binance listed a total of five open positions on its LinkedIn company page to establish a local presence in Istanbul, Turkey. The company is seeking managers for its finance, compliance, marketing, and PR divisions.
However, Changpeng Zhao (CZ), the CEO of Binance, recently detailed the exchange’s plans for Turkey in an interview where he described Turkey as “a vibrant country that has illustrated one of the strongest demands and fast-growing interest in crypto,” by adding that they would build a local team of 10–20 people.
He also stated that Binance will soon add direct Turkish Lira bank transfers to the platform.
Likewise, CZ noted in the interview that Binance is taking regulatory issues very seriously, which is reflected in their search for a compliance officer. The local compliance officer will assist the Binance Turkey team “in all compliance and regulatory matters with international regulatory bodies including supporting for registrations,” per the job posting.
As it has been reported on November 15, Binance added support for the Turkish Lira and Bitcoin (BTC), XRP, Ether (ETH) trading pairs with Papara, a local digital wallet partner.
Moreover, Binance has significantly expanded its offerings and services in different jurisdictions.
Thus, recently, the exchange added four trading pairs for the Russian ruble including Bitcoin, XRP, Ether and Binance Coin (BNB).