Is The Latin American Crypto Revolution Back On Track? Uruguay Proposes Payme...
Senator Juan Sartori of Uruguay has introduced a bill to enable businesses to accept crypto as payment and legislate their use in the South American country. “The purpose of this law is to legalize virtual assets as a means of payment and to accept them as currencies, thus providing security for the production of virtual […]
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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 […]
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide.
Huobi Aims to Step Up Its Presence in Latin America, Acquires Local Bitex Exchange
On Thursday, the leading crypto asset exchange Huobi Global announced the company has acquired the Latin American cryptocurrency exchange Bitex. According to the....
Thanks to a partnership with financial services company AstroPay, users in Latin American can now purchase bitcoin on the once-largest bitcoin exchange, Mt. Gox. The company made the announcement on Thursday, specifying that the coverage would be available for Argentina, Brasil, Chile, Colombia, Mexico, Peru, and Uruguay. The way it works, according to Mt. Gox, is rather simple. From the funding options tab, users can click on 'AstroPay', choose their country of residence, their bank, and the amount to deposit to Mt. Gox. As one would expect, they will then be re-directed to an AstroPay....
Latin American customers of CEX.io, can now transact using local currency to trade bitcoin on the platform. The London based bitcoin exchange and mining services has recently partnered with AstroPay to facilitate these transactions in the South American continent. Earlier, Latin American users from Brazil, Chile, Argentina, Columbia, Peru, Mexica and Uruguay were forced to use wire transfer or card payments to deposit and withdraw funds. The currency support was limited to euro and US dollar. This was resulting in huge losses to customers in terms of foreign exchange and transaction fees....
Moneero has announced that Rodrigo Benzaquen, the former R&D director of Latin American e-commerce giant MercadoLibre, has officially joined its board of directors. The announcement is the latest milestone for Uruguay-based bitcoin service provider Moneero, which exited stealth mode in July. Speaking to CoinDesk, Moneero co-founder Steven Morell framed the announcement as a sign that his company is ready to move past its development stage to bring its wallet product, social apps and developer services to more consumers across Latin America and the world. Morell told CoinDesk: "We need....