Changpeng Zhao confirms Binance’s acquisition of the remaining 49% stake at Tokocrypto, an Indonesian cryptocurrency exchange; The unit will reduce 58% of its workforce and replace its CEO (Norman Harsono/Bloomberg).


Norman Harsono / bloomberg:

Changpeng Zhao confirms Binance has purchased the remaining 49% stake of Tokocrypto, an Indonesian cryptocurrency exchange; The unit will reduce 58% of its workforce and replace its CEOAfter its parent company took almost total control, Binance Holdings Ltd.’s Indonesian unit has been forced to lay off its employees and replace its chief executive.



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