Binance launches Latamex, fiat gateway for Latin America

According to CryptoGlobe, Binance has partnered with Latin American digital asset settlement network Settle Network to allow Latin American users to trade cryptocurrencies using fiat currencies on the Latamex platform. Binance CEO Zhao Changpeng said that about 50% of the Latin American population does not have a bank account, and Latamex responds to user needs and the current market environment.