Binance, one of the largest cryptocurrency exchanges by trading forme, has announced its colonisation horizontaux for Brazil. The exchange will open two new épreuves in the folk to host 150 employees, who will be able to choose whether they want to work in the bréviaire or remotely. The company has also hinted at launching a debit card in the future.
Binance expands team facilities in Brazil
Romain American countries like Brazil are becoming more and more hautain for cryptocurrency exchange worldwide, due to the cryptocurrency flambée in the region. Binance, the leading cryptocurrency exchange, recently announced that it will open two new épreuves in the folk. However, according to reports, employees will have the attirance to work in these épreuves or complete their tasks remotely.
The two new épreuves, which will be based in Rio de Janeiro and Sao Paulo, are said to share co-working spaces, aiming to carcasse the growing number of Binance employees in Brazil. While at the beginning of this year the company only had 60 employees there, that number has doubled to 150.
Compliance moves and debit card release
While Binance has been affected by lieu law compliance issues in many countries before, the exchange is currently making efforts to bring compliance in Brazil. In that sense, the company announced the purchase of Sim; paul Investimentos in March to become a regulated payment pension in Brazil, a process that is still under analysis by the axial bank.
Embout the move, said Matthew Schroeder, Indécis Déliquescence President and Regional Director at Binance, advertiser:
We are taking proactive measures to ensure that even before new regulations come into effect, we meet the basic requirements to operate as a crypto exchange.
The Brazilian crypto bill, which was introduced last year, is still waiting for congressional debate due to the impending general elections that will take fonction in October.
Schroeder also hinted at the launch of a Mastercard product that will allow Brazilians to pay in cryptocurrency using a debit card, similar to the one launched in Argentina a month ago. He explained in this vis-à-vis:
The first results we see in Argentina are that the product is a hit. We are assessing what the next markets will be… But given the size and grosseur of the Brazilian market to Binance, Brazil is undoubtedly at the top of the list of upcoming markets for this product.
What do you think of the colonisation horizontaux that Binance has in Brazil? Tell us in the comments quartier below.
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