Mexico bursts onto Bitcoin scene with Foundation and Exchange
Mexico is now officially part of Bitcoin with the opening of ‘Fundación Satoshi Nakamoto,’ an official affiliate of the Bitcoin Foundation. Its new president, Spanish entrepreneur Raúl Nogales, sees Bitcoin not only as an exciting development but an essential part of Mexico’s financial future. “The use of Bitcoin in México and worldwide is at an upward trend. The need for education, standardization, protection and promotion has become essential. We are really excited to establish Bitcoin Foundation México and eager to start working,” he said in a press release issued yesterday.
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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....
As if there were any doubts among fans, Bitcoin has proven to be as innovative and surprising as ever. In what has been a long-awaited moment, the bitcoin price has risen beyond what anyone expected and is hovering at around the $682 mark at press time. Naturally, the next step is to go even further. Many are wondering if $700 isn’t just wishful thinking, anymore. While predictions regarding a further advance may be unclear at this time, bitcoin fanatics everywhere are celebrating like they mean it. Jose Rodriguez, VP of payments for Mexico-based bitcoin exchange Bitso, explained with....
The Bitcoin Foundation added its latest affiliate chapter this week when it announced that Mexico's Fundación Satoshi Nakamoto had officially gained accreditation. The decision comes at a time when the Bitcoin Foundation is looking to further its International Affiliate Program, and notably follows the appointment of the first two affiliate chapters - Bitcoin Foundation Canada and the Bitcoin Association of Australia - in December 2013. While a boon for the Bitcoin Foundation, the move can also be seen as a validation of the work being done to grow Mexico's bitcoin ecosystem, which local....
The Bitcoin Foundation announced on Monday their newest international affiliate in Mexico, the Fundación Satoshi Nakamoto (Satoshi Nakamoto Foundation). Established and based in Mexico City, the Fundación will serve as the Bitcoin Foundation's "wing" of sorts in the country, which is increasingly becoming attracted to the use of bitcoin from all things like food, clothing, and healthcare. "In countries like México where remittances often make up a large portion of a family's income, Bitcoin empowers families simply by providing another cheaper, faster and more secure option for remitting....
“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....