Binance Names Daniel Acosta Head of Latin America to Expand Regional Strategy and Operations

Binance Blog published a new article, announcing the appointment of Daniel Acosta as Head of Latin America as the company expands its regional leadership structure. Binance said Acosta’s remit will broaden from his previous position as General Manager of North Latam to overseeing strategy and operations across Latin America, with priorities including addressing local user needs, engaging with regulators, and supporting continued crypto adoption in the region. The company described Latin America as a key growth market, citing the 2025 Chainalysis Crypto Adoption Report, which ranks Brazil 5th and Argentina 20th among leading markets. Binance also said regional adoption rose by 63% last year, trailing only Asia-Pacific, reflecting demand from both retail and institutional users. Acosta said the region’s characteristics and gaps in access to financial services create an opportunity to expand crypto’s everyday utility and connect users to the global financial system. Binance said Acosta has served as General Manager for Colombia and North Latam since 2022 and will continue overseeing Colombia, Central America, and the Caribbean while taking on the broader Latin America role. The company said his expanded responsibilities include supporting growth, regulatory engagement, and localization of products and services, including payment solutions, cross-border services, local trading pairs, and earn products. Binance highlighted recent expansions of payment offerings in the region, including Binance Card, QR code payment tools, and the integration of Pix—Brazil’s national payment system used by more than 150 million people—with Binance Pay, which it said enables instant payments in Brazilian reais using crypto. Binance added that it offers 32 trading pairs in Latin American local fiat currencies across regional markets. The company also noted that under Acosta’s leadership, Binance obtained what it described as the first regulatory license granted to a crypto exchange in El Salvador in 2023, and said outgoing regional head Guilherme Nazar will move into an advisor role. Earlier in June, Binance said its global user count surpassed 320 million, including 30 million new users year-to-date.