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Binance has announced the launch of ""Send Cash"" in Latin America, a new product that allows users to transfer cryptocurrencies from nine countries/regions in Latin America using Binance Pay. Leveraging the services of licensed remittance processors, friends and family can directly deposit funds into their bank accounts.
Reportedly, the platform will initially roll out in Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama, and Mexico. In the first phase of the launch, users from these nine countries will be able to send funds to bank accounts in Colombia and Argentina. |
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