meXBT Acquires CoinRepublic Expands to Southeast Asia
Aiming to expand in Asia, particularly in the Southeast, the leading exchange platform of digital currencies in Mexico, meXBT, has bought CoinRepublic, a Singapore-based cryptocurrency brokerage firm. Despite the fact that there are a limited number of merchants accepting Bitcoin in Southeast Asia, cryptocurrency companies are entering the region to tap what they believe to be a huge potential. The region’s population is twice as large as that of the US; the population is tech-savvy, and the governments are not hostile to the cryptocurrencies. meXBT’s decision to acquire CoinRepublic, the....
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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....
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....
Jasmine Telecom Systems has announced its ambitious Bitcoin mining plans to become the largest BTC miner in Southeast Asia.
In Southeast Asia, Bitcoin is gaining traction as a genuine store of value as investors in the region are viewing the digital currency as an attractive investment opportunity. Among the Bitcoin companies located there, Luno (formerly BitX) and Bitcoin Indonesia have watched this growth with interest. Headquartered in Singapore, Luno allows customers to buy, sell and store the digital currency. It operates in several countries around the world including the U.K., South Africa and Nigeria. In Southeast Asia, Luno has operations in Malaysia, one of its largest markets, as well as in....
Andreas Antonopoulos to tour SouthEast Asia delivering talks on Bitcoin and cryptocurrency technology. Andreas M. Antonopoulos, a well-known personality in the cryptocurrency space has turned into an apostle. The vocal advocate of Bitcoin and cryptocurrency technology, Andreas is soon going to promote the digital currency across Southeast Asia. Antonopoulos has scheduled a Southeast Asia tour starting February 17, 2017. The tour will begin with a speech at the TRYBE Workspace in Phnom Penh, Cambodia. The event is being organized by Coin Cafe, a unique Bitcoin-themed restaurant in the city.....