Binance Signed a Memorandum of Understanding to Acquire Sim;Paul Investimentos
- Sim;Paul Investimentos is authorized by the Securities and Exchange Commission in Brazil.
- The acquisition is pending the approval of regulatory bodies.
Binance signed a Memorandum of Understanding to consider the acquisition of Brazilian Sim;Paul Investimentos (Sim;Paul). Binance is striving to obtain a foothold in Brazil through the acquisition.
Sim;Paul is authorized by the Central Bank and the Securities and Exchange Commission. The acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term is pending the approval of the regulators including the Central Bank of Brazil.
Changpeng Zhao, the CEO of Binance said, "At Binance, our goal is to grow adoption of crypto around the world to generate a positive impact for our users, the crypto and blockchain community and society in general.
"In a fast-developing market like Brazil, crypto can transform and facilitate people's lives and as such, we believe, in full collaboration with local authorities, that Binance has a lot to contribute in developing the community and ecosystem in Brazil."
Binance SAFU
Binance crypto exchange has taken great measures to expand its reach and to offer a secured trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. At the beginning of the year, Binance amended its Secure Asset Fund for Users (SAFU).
SAFU acts as an emergency insurance in the event Binance is hacked. The company allocated 10% of all trading commissions for the insurance fund. If a security breach takes place, the company assures it has the funds to reimburse its traders.
The CEO of Binance said the following on SAFU, “Transparency is an important element of building trust, which is why we are publishing our insurance fund wallet address.
"We call on all centralized exchanges to do the same as it will benefit the entire ecosystem and demonstrate to governments, regulators and important stakeholders our collective commitment to uphold trust, integrity and transparency in the crypto ecosystem.”
source: blockchain.com
The Binance CEO said one of his goals is to acquire companies outside of the crypto industry to increase the company's digital assets exposure. In February, Binance recently invested $200 million in Forbes, a well-known business magazine.
Binance signed a Memorandum of Understanding to consider the acquisition of Brazilian Sim;Paul Investimentos (Sim;Paul). Binance is striving to obtain a foothold in Brazil through the acquisition.
Sim;Paul is authorized by the Central Bank and the Securities and Exchange Commission. The acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term is pending the approval of the regulators including the Central Bank of Brazil.
Changpeng Zhao, the CEO of Binance said, "At Binance, our goal is to grow adoption of crypto around the world to generate a positive impact for our users, the crypto and blockchain community and society in general.
"In a fast-developing market like Brazil, crypto can transform and facilitate people's lives and as such, we believe, in full collaboration with local authorities, that Binance has a lot to contribute in developing the community and ecosystem in Brazil."
Binance SAFU
Binance crypto exchange has taken great measures to expand its reach and to offer a secured trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. At the beginning of the year, Binance amended its Secure Asset Fund for Users (SAFU).
SAFU acts as an emergency insurance in the event Binance is hacked. The company allocated 10% of all trading commissions for the insurance fund. If a security breach takes place, the company assures it has the funds to reimburse its traders.
The CEO of Binance said the following on SAFU, “Transparency is an important element of building trust, which is why we are publishing our insurance fund wallet address.
"We call on all centralized exchanges to do the same as it will benefit the entire ecosystem and demonstrate to governments, regulators and important stakeholders our collective commitment to uphold trust, integrity and transparency in the crypto ecosystem.”
source: blockchain.com
The Binance CEO said one of his goals is to acquire companies outside of the crypto industry to increase the company's digital assets exposure. In February, Binance recently invested $200 million in Forbes, a well-known business magazine.