Mexican Bitcoin Exchange MeXBT Eyes Latin American Trade and Remittances
Mexican cryptocurrency exchange meXBT announced the official launch of its professional trading platform in Las Vegas this Sunday at Money 20/20, one of the largest and most prominent conferences for payments and financial services innovation worldwide. The company showcased its service in combination with AlphaPoint, the exchange technology solutions provider that powers the platform and user experience, allowing meXBT to focus on its broader and longer-term ambitions to expand within its home market of Mexico and Latin America. AlphaPoint provides the infrastructure for the exchange....
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El Angel, Monumento a la Independencia. Bitcoin exchange meXBT has launched a professional trading platform for cryptocurrencies in America. The company which is based in Mexico is led by a team of pioneers who are powering the transformation of the digital currencies in Latin America. Announcing the launch of the trading platform which will be based in Mexico City and operating in Latin America, meXBT said that the exchange will be known as the 'The Crypto Exchange of the Americas'. The exchange was launched Sunday November 2, 2014 at the Money 20/20 meet in Las Vegas. Speaking at the....
meXBT, a Mexico-based bitcoin exchange, will use bitcoin to facilitate financial transactions between Latin America and Asia with its recent acquisition of Coin Republic, a Singapore-based bitcoin brokerage. The acquisition gives meXBT the ability to allow financial transactions between Latin America and Asia using bitcoin without the parties having to purchase bitcoin. meBXT announced the acquisition on its website. The purchase price was not disclosed. "The strategy is to use technology as the basis bitcoins payment system between companies and evidently between international trade is....
Mexican Exchange meXBT has acquired a Singaporean Bitcoin brokerage and consultation firm with hopes to expand its operations through the Asian bitcoin market. The acquired firm, known as Coin Republic, is a renowned Bitcoin exchange and consultation company, for it is among the only Bitcoin services that do not hold customers' funds, but transfer them directly to the designated receiver. Within just two years since its launch, Coin Republic has achieved a great reputation of being a safe and secure method to exchange Bitcoins that allows users to limit their risks of losing capital. This....
meXBT, a bitcoin exchange based in Mexico, recently expanded its operations to Singapore and even acquired local bitcoin brokerage CoinRepublic. The Mexican company has plans to further expand its reach in the Asia-Pacific marketplace. With its acquisition of CoinRepublic, the most respected and established bitcoin brokerage in Singapore, meXBT can be able to benefit from a large network of local banks, bitcoin exchanges and financial institutions. This will enable meXBT to enter the Singaporean market with ease and establish itself as a major bitcoin exchange in the country. Bitcoin....
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption. Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July 2021 to June 2022, reaching $562 billion, according to an Oct. 20 report from Chainalysis. Part of the surge was attributed to....