Binance, one of the world's largest cryptocurrency exchanges, is continuing its global expansion with a new outpost in Georgia. The outpost will focus on Web3 technologies, which include blockchain, decentralized finance (DeFi), and other decentralized applications.

Georgia has become a hub for blockchain and crypto-related activity, with a growing number of startups and companies setting up operations in the country. The Binance outpost in Georgia will work closely with these companies to support the development of Web3 technologies and promote their adoption.

The expansion into Georgia is just the latest move in Binance's global expansion efforts, which have included the opening of new offices and partnerships with companies around the world. Binance has been actively working to expand its reach and influence in the crypto industry, and the new outpost in Georgia is expected to play a key role in these efforts.

(by Chayanika Deka)