Binance expansion in Europe and Latin America speeds up

Binance expansion in Europe and Latin America speeds up

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Binance expansion in Europe and Latin America has been sped up with the latest addition to the Binance team. In order to expand its platform in Europe and Latin America, Binance has hired the former J.P Morgan Chase Executive and State Street Legal Counsel, Josh Goodbody.

The announcement came in a recent blogpost that the former Wallstreet executive would be taking over to reshape Binance policies.

Binance expansion in Europe and Latin America

This business expert, Josh Goodbody, is in charge of reshaping Binance’s policies according to the changing conditions so that Binance can meet the world’s new and changing requirements.

Binance is considered the world’s biggest cryptocurrency exchange in terms of trading volume. Its wide range of services has made it very popular among cryptocurrency fanatics. Its liquidity regarding owning several digital assets has enticed many crypto traders and users. Binance expansion plans into new regions are not a secret, and now it is aiming to stretch to some new nations as well, extending the exchange worldwide. Many fiat options have been introduced for this very purpose.

Goodbody will have to make the new strategy in accordance with last year’s Jersey exchange and introduce groundbreaking products alike for European and Latin American users. His plan of action should be able to cope with the challenges imposed by Latin America, a fledgling region. Binance’s new programmes aim to be useable by retail and institutional users.

After the success of Binance Jersey, Binance Uganda, and Binance.US, Binance expansion plans now include new locations as well. Many jurisdictions have decreed on-ramp solutions for virtual currency. The chief executive officer (CEO) of Binance, Changpeng Zhao, expects Josh to strengthen Binance’s role in European and Latin American markets.

He has expressed eagerness to work with the big player and expects this decision to be beneficial for the exchange. Josh’s expertise in finance, experience, and knowledge in blockchain space will really help Binance to grow.

Goodbody is known for his work at HUOBI, another recognized cryptocurrency exchange, and was the head of Europe and the Americas. Both Goodbody and Binance seem to share similar views on democratizing money and influencing the world.

Featured Image by Flickr

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Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

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