Binance, a major international exchange is seeking to have its headquarters in Ireland after being subjected to pressure by regulators all over the globe. Until now, it has operated globally for years under what its CEO, Changpeng Zhao, has described as a “decentralized” structure.

A Wednesday report from Irish media outlet Independent noted that Binance had established three subsidiaries in the country on Sept. 27 — Binance (APAC) Holdings, Binance (Services) Holdings and Binance Technologies — with Zhao listed as the director for each.

Malta turns Binance