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Crypto exchange Binance expands in Argentina

Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in inflation-hit Argentina, allowing users to buy and sell digital currencies directly with local pesos. Until now, Binance had operated in Argentin

Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in inflation-hit Argentina, allowing users to buy and sell digital currencies directly with local pesos. Until now, Binance had operated in Argentina only as an intermediary platform to match crypto buyers and sellers. "This launch has to do with the public demand that exists here," Maximiliano Hinz, director for Binance in the Southern Cone, told Reuters in a written statement on Tuesday, adding that Argentina was a key market for the exchange.

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