Changpeng Zhao, the CEO and founder of <a href="https://cointelegraph.com/tags/binance">Binance</a>, said the company is about to launch a crypto-fiat exchange in Uganda, in an exclusive interview with Cointelegraph today, June 28.&nbsp;</p>

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<blockquote>&nbsp;<em>“We think that crypto has a very strong use case in less developed countries… there’s more money to be made in a more developed country, but we want to distribute crypto to the rest of the world.”</em>&nbsp;</blockquote>
<p>This comment by Zhao right above is what I want hear, taking crypto to the world where it is less known. This is huge for Uganda and the African continent.&nbsp;</p>
<blockquote>&nbsp;<em>“Uganda [is a] really interesting situation, only 11 percent of the population has bank accounts. It’s both a challenge and an opportunity. So it may be easier to adopt cryptocurrency as a form of currency instead of trying to push for bank adoption. It’s an interesting experiment - Africa’s a big market, that’s why we’re there.”</em>&nbsp;</blockquote>
<p>Article: https://cointelegraph.com/news/exclusive-binance-set-to-launch-its-first-crypto-fiat-exchange-in-uganda</p>

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