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Binance CEO Hints Creation Of Fiat-To-Crypto Exchange For Argentina.

In line with a recent official ‘tweet‘ published, Changpeng Zhao – The Chief Executive Officer of renowned cryptocurrency exchange Binance, has hinted the creation of a fiat-to-cryptocurrency exchange for Argentina.

Binance CEO Hints Creation Of Fiat-To-Crypto Exchange For Argentina.

The tweet was though reply to a cryptocurrency news web-site ‘CoinSpice’. The article in question involved the agreement between the govt. of Argentina with Binance Labs, the exchange’s investment and social impact arm, to co-invest in ‘blockchain‘ project’s backed-up by the exchange.

Zhao’s comment mentioned within the tweet apparently proposed that Binance has plans to determine a fiat-to-‘cryptocurrency‘ exchange in Argentina. Additional, the tweet stated:

“Guess where we’ll have a new fiat-to-cryptocurrency exchange?”

As ‘reported‘ earlier in Jan., following reports that Binance exchange planned to launch fiat-to-cryptocurrency exchanges in eight additional countries — one amongst them was Argentina — an anonymous spokesperson of the exchange declined to confirm six of the alleged locations, solely affirming plans for Singapore and Malta.

Also in Jan., the exchange revealed ‘support‘ for credit card cryptocurrency purchases through its partnership with payment processor named ‘Simplex’.

Moreover just recently, renowned cryptocurrency exchange and social network for investors and traders ‘eToro’ revealed its cryptocurrency trading services within the U.S. The exchange, that reportedly has over 10 Mln users, can begin facilitating the trade in 13 of any crypto assets and release a cryptocurrency ‘multi-signature wallet’ to customers in 32 different United states and territories.

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