Express

Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil

Amy Liu

Summary: Binance, the world's largest cryptocurrency exchange by trading volume, is looking into acquiring banks and payment processors in Brazil, Binance CEO Changpeng Zhao said Wednesday. He also said the company is looking to strengthen its 100-person team in Brazil. According to Zhao, the exchange plans to work closely with regulators and government agencies to find ...

Binance, the world's largest cryptocurrency exchange by trading volume, is looking into acquiring banks and payment processors in Brazil, Binance CEO Changpeng Zhao said Wednesday. He also said the company is looking to strengthen its 100-person team in Brazil. According to Zhao, the exchange plans to work closely with regulators and government agencies to find ways of fostering the development of the crypto industry “in a healthy and collaborative way.”

By Amy Liu

Last Update:

Tags: ,,,,
Link: Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago

    • You need to login to comment.