Binance will open two new offices in Brazil

Binance cryptocurrency exchange announced the opening of two offices in Brazil to expand its activities in the country.

#Binance Opens Two Offices in Brazil in A Move to Expand in the Country and to Grow Crypto Adoption in Latin America.

The Office Were announced by @cz_binance, Who Visited the Country in march this year. SINCE THEN, WE HAVE MORE THE DUBLED THE TEAM DEDICATED To BRAZIL.

– Binance Google has filed (@binance) October 3, 2022

“The exchange works in full accordance with the regulatory framework of Brazil and believes that regulation is the only way for the digital assets industry to grow and cover a wider audience,” the statement said.

According to the company, Binance is focused on scaling activities in Brazil since March, when CEO Chanpen Zhao first visited the country. The staff of units in San Paulo and Rio de Janeiro will have more than 150 employees.

Earlier, Binance was registered as a supplier of financial services in New Zealand and opened a local unit.

In 2022, the authorities of Bahrain, Dubai and the free financial zone of Abu Dhabi issued approval for the work of the company. The platform also announced the launch of an adjustable exchange in Thailand and announced the opening of the Customer Service Center in Turkey.

Recall, Binance applied to receive a license in Japan four years after refusing to open the headquarters in the country, according to the media.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.