Bitcoin in South America - BitPay Opens Latin American Headquarters
As global popularity of Bitcoin grows, many Bitcoin companies are taking notice and expanding operations into other countries. Earlier this week, merchant payment processor BitPay announced the opening of its Latin America headquarters in Argentina. The expansion is one of the first for the Atlanta, Georgia based company and comes at an important time....
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Comments added from Alberto Vega, BitPay's Regional Manager for Latin America. Latin American e-tailer Famsa is now accepting bitcoin for online purchases. The chain, founded in 1970, sells a variety of consumer goods and electronics across Mexico and the US. It is processing transactions via Atlanta firm BitPay. The news follows last month's announcement from MercadoLibre - the 'eBay of Latin America' - that it would integrate bitcoin, and a deal between Mexico's BitPagos and Entrepids to allow e-commerce stores to accept the currency. Alberto Vega, BitPay's regional manager for Latin....
Atlanta-based BitPay, a digital payments processor, has announced the opening of their Latin American headquarters in Buenos Aires, Argentina. Located at the 'Bitcoin Embassy Buenos Aires', the office is home to Fundación Bitcoin Argentina (Bitcoin Foundation Argentina) and a few other bitcoin-related companies. At the office, BitPay has employed five software engineers and one business development manager, Alberto Liver Vega. "As a technology enthusiast, I see Bitcoin as a big opportunity for companies to gain a competitive advantage," he said. Vega, for the past 15 years, has been....
Bitcoin payment processor BitPay has achieved rapid growth since its founding, and in the past month the company has opened locations throughout the world. With new Latin American headquarters and recently opened locations in San Francisco and New York, the company seems to truly be working to become the largest global Bitcoin payment processor. Last week, BitPay announced the opening of their European headquarters in Amsterdam, exactly two weeks after the company announced openings of their additional locations and the onboarding of key personnel throughout the world. The Amsterdam....
The Chinese crypto exchange Huobi announced that it had purchased a Latin American cryptocurrency exchange, Bitex. The exchange did this to reach out to Latin American countries like Chile, Argentina, Uruguay, and Paraguay. Huobi explains that the firm is expanding its influence in Latin America as it sees the region as one of the most […]
Latin America held its first forum discussion on the financial and regulatory environment for virtual currencies in the continent. The organizers aptly named the forum, “Latin American Forum on Virtual Currencies,” and put an effort to bring Bitcoin advocates and Latin American governments together. With BitLicense hogging the headlines in the Bitcoin ecosystem, this recent development in the South America was unable to make to get much traction in the news. The forum was a one-day discussion on the financial and regulatory environment in Latin America. The event was cosponsored by Bitcoin....