Bloomberg: Binance.US currently has about 100 contractors in Shanghai

ChainCatcher news, according to two insiders, Binance.US currently has about 100 contractors in Shanghai, most of whom are engaged in engineering and product work. However, Binance.US has been planning to relocate some employees to North America over the past year, although progress has been slow.

"Binance.US has over 500 employees and contractors globally, serving our U.S. customers," a Binance.US spokesperson said in a statement.

In addition, the Binance.US spokesperson added, "When Binance.US was established, an agreement was reached with the Binance.com tech team to build the technological infrastructure for this new U.S. regulated exchange and provide other forms of support. Such agreements are not uncommon; in fact, the founding team has previously licensed the tech stack to other non-Binance affiliated organizations." (Bloomberg)