Coinbatch: Mexico Bitcoin exchange!
“Cryptocurrency will have a huge impact on Latin America. The most obvious impact for Mexico is the lower of costs to send money to and from the United States which is one of the most powerful remittance corridors in the world.Bitcoin is just the beginning of new opportunities in the digital currency realm.” – Jesse Heaslip, BEX CEO The above quote pretty much sums up why Mexico especially is in such need of cryptocurrency integration. This is where CoinBatch comes in, a company that allows you to exchange Bitcoins, and is planning on having their own ATM network as well. To start we are....
Related News
Recently, I was able to interview some people over at Coinbatch. They are planing to launch a way to buy and sell bitcoins in Mexico, where they believe it could really be impacted by Cryptocurrency. Read the full report here. Most famously know for his $100,000 offer for a Bitcoin Foundation alternative , Bitcoinist was lucky enough to snag an interview him. The full interview is located here. OpenBazaar, if you don’t already know, is a decentralized marketplace. Unlike marketplaces like the silk road, OpenBazaar should be less vulnerable to breaches due to its peer to peer....
Bitso, Mexico's first Bitcoin exchange, has revealed to CCN a partnership with Pademobile that will allow all 3 million of the payment company's customers to purchase bitcoins from their mobile phones. The Mexican Bitcoin exchange has claimed they want to "strengthen the purchase and use of Bitcoin in Mexico" with this move. Pademobile is the company that was able to bring Bitcoin acceptance to every 7-11 in the country earlier in the year. Bitso has also announced that credit cards will now be accepted on their exchange platform, which makes them one of the first companies in the world to....
Cinco de Mayo 1862 - Mexico's army came to an unlikely victory over the French at the Battle of Pueblo. Today, Mexico's army of Bitcoiners are fighting to revolutionize the financial system. Mexico is a key market for Bitcoin because Mexico is the fourth largest destination for remittance payments, totaling about 22 billion USD in 2013 according to the World Bank. Currently remittance payments are packed with fees in all parts of the process; using Bitcoin can drastically reduce these fees. Remittance payment fees from the US to Mexico are some of the lowest in the world. Fees of payments....
Mexico has seen modest Bitcoin market penetration so far but has also avoided any condemnation or over-regulation by government. Bitcoin is seen as a digital asset and is not illegal to use in Mexico. 7-Eleven stores have taken Bitcoin under agreement and merchants are starting to hear about Bitcoin and accept it in larger metropolitan areas. This has created fertile ground for growth and innovation, and the newest application in Mexico may be the best and most useful. Called Volabit, it brings debit card convenience to smartphones in Mexico, making Bitcoin as easy to use as a peso.....
Violence has returned to headlines in Mexico in 2016. But, positive news abounds for a country rich in resources and hardworking people. It seems many among the Mexican people, as well, are curious about Bitcoin – and eager to help. As CEO of Bitwala, a blockchain bank and exchange, Jörg von Minckwitz has never seen such big interest in a new currency the startup added to its platform. Minckwitz believes Mexico is an interesting market in two ways. “There are a lot of unbanked people in Mexico, so naturally an interesting Bitcoin market,” he told CCN. “Also, there are a lot of cross border....