Binance launches operations with fiat in Uganda
Changpeng Zhao, general manager and founder of Binance, said that the company is going to open a currency exchange in Uganda.
On Thursday, Binance announced the beginning of support for the Ugandan shilling. The subsidiary company will be called Binance Uganda. Therefore, it may be easier to use cryptocurrency as a form of currency instead of trying to achieve opening bank accounts. In addition, the low standard of living of the population became a reason for a rapid assessment of the possibilities of working with digital money: a tangible ...
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