2022 volumes so far similar to 2021’s $34 trillion

PARIS (Reuters) – Cryptocurrency exchange Binance’s Chief Executive Officer, Changpeng Zhao, said on Thursday that volumes on the exchange so far in 2022 were similar to the $34 trillion it had in 2021.

“So far this year, we are about the same,” he told the VivaTech conference in Paris, adding Binance traded around $120 billion on June 15.

Binance France is seeking a formal licence from the French markets regulator to open a regional headquarters in France.

“The wine is great, food is great …. Paris is my base,” added Zhao at the conference.

(Reporting by Sudip Kar-Gupta; Editing by Mark Potter)