Binance, the world’s largest cryptocurrency exchange by trading volume, still hasn’t committed to a timeline for a complete accounting of its assets and liabilities.
“It’ll take a longer time,” Leon Foong, Binance’s Asia-Pacific head, told Bloomberg. He said that, while the exchange plans to hire an auditor to fully leaf through the company’s balance sheet, the world’s largest accounting firms are still learning about the crypto industry, which has delayed the process.
