During the event Deconomy in Seoul, South Korea, no less than the CEO of Binance himself, Changpeng Zhao, announced the launch of the crypto to fiat exchange in Singapore. This time it is supporting for Singaporean Dollar to find its way inside crypto's ecosystem.
This development is in congruence to the global movement by Binance of getting fiats into cryptos. Just this January, Binance had introduced a fiat to crypto exchange on the Jersey Island, a British sovereign dependency, which allows users to buy or sell Bitcoin and Ethereum against the British Pound and also against the Euro. Following this, just this summer, it even opened another fiat to crypto exchange in Uganda.
In another development, Binance also announced that its Decentralized Exchange will be officially launched this month. The said decentralized platform has already put for public test on 20th of February. It seems to me that Binance is well on its way to introduce crypto to the world.
For more details:
https://www.cryptonewsz.com/binance-all-set-to-launch-a-new-fiat-to-crypto-exchange-offering-in-singapore/14351/
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