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Binance Making Moves in Brazil, Looks to Acquire Banks and Processors

Binance is looking to acquire payment processors and banks in Brazil, according to an announcement from its CEO Changpeng Zhao. So reports CoinDesk.

binance logo g9cf045e32 640Binance, which is the largest crypto exchange in the world by trade volume, is also looking to add to its 100-member team in the South American country. Zhao made the announcement at the EthereumRio event in Rio de Janeiro, and is hopeful his company can help develop the nation’s crypto industry in a “healthy and collaborative way.”

Read the full article from CoinDesk.

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