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    Home » Binance Exchange has started negotiations with Facebook on listing Libra

    Binance Exchange has started negotiations with Facebook on listing Libra

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    By BlockchainJournal on June 28, 2019 News
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    Binance Exchange began negotiations with Libra on cryptocurrency listing with Facebook

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    Representatives of the Binance Crypto Exchange are in talks with Facebook about the Libra cryptocurrency project . Finance Magnates writes about this with reference to the statement of the chief specialist on the Binance strategy, Gina Chao.

    Chao announced at a Fintech conference in Tel Aviv on Thursday that they are in the early stages of negotiations with the developer of cryptocurrency .

    “We are conducting a dialogue with Facebook at the official level.

    As for listing, they are going to be based on the so-called “private chain”. This means that they will not seek liquidity from outside. However, as far as we understand the prospects, they will want to enter the secondary market. Currencies enjoy the advantages of the secondary market, so they are listed in their own interests. ”

    Chao also said that negotiations with the social network "mainly focused on working with the infrastructure." He expects other crypto exchanges to contact the company to discuss the prospects of Libra.

    “In the interests of Facebook, listing is not only on our exchange, ” he added.

    It is in their interest to be listed on other exchanges, too, and this may happen. As soon as they switch to the public chain, we will probably want to list their coins. ”

    Previously, several Libra partners reported doubts about the pressure of regulators on the project.

    Publication date 28.06.2019
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