In an effort to expand its footprint in the continent, Binance is now offering its services in Botswana, Namibia, Zimbabwe, Zambia, Angola, and Mozambique. The aim behind the expansion is to bolster the use of crypto-based services in areas that have shown interest in the sector.
We understand the diversity of each country in the region and this new service will allow us to continue working for financial inclusion for everyone.
Africa is a very important market to us and we remain focused on building user trust through regulatory compliance, security, and strategic partnerships, particularly in areas like anti-money laundering, combating the financing of terrorism, and building a robust ‘Know Your Customer’ process, which is a built-in safeguard against fraud and identity theft.
Hannes Wessels, country manager, Binance South Africa
