A partnership between Binance and Liechtenstein has yielded a new fiat-crypto exchange called Binance LCX, this announcement was published by binance in their report yesterday. The fiat-crypto exchange will be located in Liechtenstein. It will allow trading of many major cryptocurrrencies against euros and Swiss francs and subsequently other digital currencies will be added.
According to the report, issues that involve government communication, regulatory compliance and customer support will be handled by Binance LCX while Binance provides and supports the exchange. Liechtenstein is following the pace set by Switzerland in creating an open and friendly ecosystem for crypto and blockchain related businesses.