Even as the world focused on the Binance Hack, its CEO Changpeng Zhao (CZ) made a couple of big announcements which did not get the kind of attention it deserved. In an AMA session post the security breach, CZ informed that Binance plans to roll out a margin trading system very soon. Binance’s margin trading platform is currently in the testing phase, and a gradual roll-out is expected soon.
In addition, CZ also stated that Binance is working on the launch of a fiat-to-crypto trading platform in Argentina soon. The possibility of an Argentinian launch had started making the headlinesin March 2019. Binance recently rolled out its platform in Singapore.
The discussions also centered around stablecoin listings following some internal discussions. The exchange may also announce the next project to be listed on Binance Launchpad later this month.