According to ChainCatcher, Binance announced the appointment of Guilherme Nazar as Head of Latin America to further develop the crypto industry throughout Latin America. He will focus on driving innovation, increasing adoption, and designing and implementing a user-centric Binance business strategy.

Currently, Frida Vargas, General Manager of Binance Mexico, and Daniel Acosta, who is responsible for Colombia, Central America and the Caribbean, will continue to lead their local markets and report to Nazar.