
CEO of , Changpeng Zhao, has hinted at the creation of a new fiat-to-crypto exchange in in a sent on March 9.
The tweet was in reply to a piece published by crypto website CoinSpice. The article in question concerned the between the government of Argentina with Labs, the exchange’s investment and social impact arm, to co-invest in projects that are backed by the exchange.
Zhao’s comment contained in the tweet apparently suggested that has plans to establish a fiat-to- exchange in Argentina. More precisely, the tweet stated:
“Guess where we will have a new fiat-to-crypto exchange?”
As Cointelegraph in January, following reports that planned to launch fiat-to-crypto exchanges in eight more countries — one of which was Argentina — a spokesperson of the exchange declined to confirm six of the alleged locations, only affirming plans for Singapore and Malta.
Also in January, the exchange had for credit card crypto purchases through its partnership with payment processor Simplex.
More recently, and for investors and eToro its services in the . The exchange, which reportedly has over 10 million users, will start facilitating the trade of 13 unspecified crypto assets and release a multisignature to in 32 U.S. states and territories.
Published at Sun, 10 Mar 2019 16:13:20 +0000