Binance wants to open crypto exchanges on every continent.

Good evening. I'm Bailey Reitzel, and this is late confirmation from CoinDest,

bringing you the top stories from September 19th, 2018.

R3 believes the Reckoning Day has begun for enterprise blockchain.

And another banking giant, PNC, has adopted Ripple's technology for cross-border payments.

At the end of the show, Coin desk editor Stan Higgins, we'll talk about a new report on cryptocurrency

trading platforms released by the New York office of the Attorney General. But first, a word from our

sponsor. Master Financial Technology Online with the 10-week Oxford Fintech program, interacting with an international

cohort of business leaders and over 60 guest experts.

You'll gain a practical introduction to key financial technologies and their business applications.

Find out more at Oxfordexecfintech.com.

Binance, the crypto exchange, which reported $150 million worth of profit in the second quarter this

year, is planning to open cryptocurrency exchanges all over the world. During CoinDest Consensus

Conference in Singapore today,

Binance founder and CEO Zhao Chinpin said he wants the company to launch five to ten

fiat to crypto exchanges over the next year, and ideally with two exchanges per continent.

Binance is eyeing smaller countries right now, like Malta, where it's easier to approach

local bureaucrats and get response from them, he told CoinDisc.

A couple R3 employees say the enterprise blockchain space can't house everyone currently in it today.

Speaking with CoinDest last week during R3's QuordaCon event in London, R3 CTO Richard

Gindle Brown and lead platform engineer Mike Hearn said the industry will soon see consolidation.

While there's only three real big players, R3, HyperLedger, and the Enterprise Ethereum Alliance,

...