Binance has a watchful eye over every step they proceed.
El-Salvador is in the process of becoming crypto capital.
Binance, the largest crypto exchange platform, recently seems to have appointed 40 people and is planning to employ 60 more. The employment is made for Customer Service Representative roles in bilingual languages i.e, English & Spanish.
WatcherGuru tweet:
CryptoCurrency around the world is changing people’s lives in both positive and negative manner. Looking at the example of El-Salvador, the crypto market majorly has a positive effect, which now includes employment opportunities too.
Binance has made its place in crypto and the belief people have on the platform is also increasing. Some events to validate the statement in the past week are getting regulatory approval in Italy and being cautious in adding the new Terra network to the innovation zone.
Crypto & El-Salvador
The love story between Crypto assets and El-Salvador is known to all, the nation was the first to accept Bitcoin as legal tender and made regulatory laws adaptive for digital assets. This measure started the process of the country becoming a crypto capital to the world.
Many crypto firms migrated to El-Salvador which in turn reduced the dependency of people and traders on the centralized banks, which claimed additional charges for the services they provide.
Dania Gonzalez, Deputy of the Republic of El Salvador, stated:
“BTC is fully decentralized financing, there is no commission if you use the national wallet”
Before the entry of BTC into the nation, only 30% were able to access the banks, and the international transactions cost a mountain. But BTC and Crypto have implemented the banking the unbanked concept.