Unisend Targets Mexico as Latest Market for Latin American Expansion
Unisend has officially expanded to Mexico and will launch trading in the market this evening via its new website Unisend.com.mx. The Argentina-based bitcoin exchange's domestic bank accounts were suddenly closed earlier this August, a development that temporarily halted consumer deposits and bank transfers. However, it continues to serve the market as it seeks to more broadly expand its services in Latin America. If Unisend's goal is to become a reference point for bitcoin trading across the region, as founder Pablo Esterson indicated in a conversation with CoinDesk, Mexico is the first....
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A lineup of 40 expert speakers will highlight the third annual Latin American Bitcoin Conference (LaBitCOnf2015) Dec. 4 and 5 at EBC Campus Dinamarca in Mexico City. The conference is expected to host 250 attendees from 15 countries. The conference goal is to jumpstart bitcoin innovation in Latin America and encourage entrepreneurs to create applications for bitcoin and block chain technology, according to Rodolfo Andragnes, conference organizer. He said the agenda will include topics for entrepreneurs developing applications and for finance sector professionals. Mexico is easily....
BitPagos has acquired Unisend Argentina, the country's first order-book exchange, as part of an undisclosed deal for cash and equity. The announcement follows the sale of the exchange subsidiary Unisend Mexico, and BitPagos' $1.18m funding round finalized last September. CEO Sebastian Serrano explained that the acquisition will provide BitPagos with a third product offering to complement its existing payment processing service and Ripio, its wallet and brokerage offering. Serrano told CoinDesk: "We want to build the access to bitcoin across Latin America and we thought that part of....
Mexico-based airlines TAR Aerolineas has become the first in Latin America to accept bitcoin payments. The airliner will accept payments in the digital currency following a partnership between Openpay - a Mexico-based payment service provider - and payment processor BitPay. In a statement, Jose Calzadias, commercial manager at TAR, said that the company, which serves 12 destinations throughout Mexico, would continue to evaluate payment options that give
Mexican Bitcoin exchange BitSo recently acquired competitor Unisend Mexico with the aim of mousetrapping the maximum regional market share. According to the available reports, the aforesaid deal is relatively very small to what we normally encounter in digital currency markets. However, its impact is expected to be amplified in a developing Bitcoin word in Mexico. BitSo, which is comparatively a smaller exchange than its multi-million dollar counterparts, is aiming to be the earliest companies to tap on Bitcoin's potential in this Latin American region. The saying perfectly reflects in the....
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country. Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval.Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said the company was awaiting regulatory approval to start operations in Mexico. The details of the expansion are unclear, but Rabelo said in an April interview that acquiring a crypto exchange was an easier route to operate in a new market to avoid starting from scratch.In....