BNB

Binance Joins Two Latin American FinTech Groups, Continues Global Commitment

by BSCN

January 20, 2023

Binance continues to grow internationally and takes a step closer to increase collaboration in Latin America.

Binance Expands in Argentina and Colombia

Binance confirmed that it has formally joined two Latin American financial technology support groups: Cámara Argentina Fintech and Alianza In of Colombia.

Binance has partnered with the two groups to grow its support in the region and seeks to “achieve greater financial inclusion for everyone,” according to the January 20 blog post. The Binance blog points out that both countries are among the top 20 in a recent report from Chainalysis that measured Web3 and blockchain interest.

"We are very excited to be part of institutions like the Cámara Argentina Fintech and Alianza In, which will allow us to work with the broader industry in developing best practices and education resources for cryptocurrencies in Argentina and Colombia,” said Matt Shroder, Binance's Global VP and Regional Manager.

Binance recently received virtual asset server provider approval to operate in Poland. The world’s largest exchange also has permission to work in France, Italy, Spain, Bahrain, Abu Dhabi, Dubai, New Zealand, Sweden, Kazakhstan, Poland, Lithuania, and Cyprus. The exchange hopes to continue to grow its presence among G7 countries and the globe.

“As a leading organization, it is imperative for Binance to work hand-in-hand with legislators, regulatory bodies, and industry groups like the Argentine Fintech Chamber. Such work is important to our mission to enable the development of sensible regulations for cryptocurrency and blockchain, ultimately securing the protection of users”, Daniel Mangabeira, Binance VP of Institutional Relations for Latin America added in the blog.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.