Satoshi Citadel Industries Acquires BuyBitcoin.ph
Bitcoin enables users to do a multitude of things, one of which is remitting money overseas quickly and at a low cost. This capability is why Bitcoin currently has the most potential in emerging markets, where impoverished and unbanked people rely heavily on remittances from family members in other countries. BuyBitcoin.ph, a Bitcoin exchange platform for citizens in the Philippines, hopes to take advantage of this potential. BuyBitcoin.ph: The First Filipino Bitcoin Exchange. Since January of 2014, BuyBitcoin.ph has been offering their exchange services to citizens in the Philippines.....
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Universal Bitcoin service provider, Satoshi Citadel Industries (SCI), has acquired over-the-counter bitcoin transaction service, BuyBitcoin.ph for an undisclosed amount. "The biggest technical roadblock for widespread Bitcoin adoption in the Philippines are the same roadblocks for widespread adoption elsewhere," said BuyBitcoin.ph co-founder and CEO Sam Kaddoura. "Our main goal is still to increase awareness and adoption of the technology. By joining SCI, I am confident that we can achieve this. BuyBitcoin.ph will now join the numerous brands under the Satoshi Citadel Industries umbrella.....
Satoshi Citadel Industries, the Filipino Bitcoin heavyweight has announced the acquisition of Keza Bitcoin investment application. Satoshi Citadel Industries, the Philippines-based Bitcoin company has added yet another feather to its cap. The company has recently announced the acquisition of Keza, a Silicon Valley-based Bitcoin investment company that allowed Bitcoin users to invest in the US and international markets. The acquisition of Keza comes at the time when the company was going through hardships. In the month of April, in spite of having a unique business model with lots of....
Satoshi Citadel Industries has received a new round of investment from a Korean Venture Company, helping the company expand its presence in the Philippines. The leading Bitcoin and financial technology company in the Philippines has just received a decent amount of funding from one of leading South Korean company. K Venture Group, the investment arm of Kakao Corporation (KOSDAQ: 035720) has invested an undisclosed amount in Satoshi Citadel Industries. With the influx of new investments, Satoshi Citadel Industries can now help its businesses expand, whereas for K Venture Group, this....
The decision to franchise CoinTelegraph in the Philippines was both an easy decision as well as a hard one. Easy because the CoinTelegraph brand is one of the most heralded names in the world of Bitcoin and cryptocurrency journalism. Much more importantly, the Philippines is in dire need of smart coverage of the Bitcoin ecosystem. Several years ago, Bitcoin was relatively unheard of in the country and limited to the realm of a few select enthusiasts. But as I write this now, I struggle to think of what highlights to include from our Bitcoin ecosystem because it has grown so much - it is....
The South Korean chat application, KakaoTalk recently picked up a 40 percent stake in Satoshi Citadel Industries. What can we expect out of it? Bitcoin is known to be ideal for inexpensive remittance and micro transactions. This indispensable feature of digital currency will soon be implemented into KakaoTalk. KakaoTalk is a popular South Korean chat application. The platform has over 170 million registered users who may soon be able to make digital currency transactions. According to reports, the company invested heavily into Philippines based Satoshi Citadel Industries. As part of the....