Top Crypto Exchange Expands To Latin America With Argentina And Brazil Market...
European crypto exchange WhiteBIT has revealed its expansion across Latin America following key registrations with Argentine regulators and its forthcoming launch in Brazil. Related Reading: SBF Seeks New Trial: Lawyers Argue FTX’s Founder Was ‘Blocked’ From Fair Defense WhiteBIT Expands To Argentina And Brazil Crypto exchange WhiteBIT announced its upcoming dual-entry into the Argentine and […]
Related News
Is the high inflation rate of 9.6 percent the reason people are turning to Bitcoin in Brazil? The simple answer is no. Recent statistics and infographics published by global bitcoin payment processor BitPay revealed that the volume of bitcoin transactions in Latin America has increased by 120 percent, and almost doubled in quarterly transactions. Many analysts suspected that the high inflation rate and unstable economy of Argentina and Brazil have caused a surge of growth in Latin America's bitcoin industry. While this may be true for Argentina, a country where the majority of the....
Typical Latin America. The region as a whole is having a love/hate relationship with cryptocurrencies. On the one hand, apparently, crypto remittances in Brazil, Argentina, and Venezuela grew 900% last year. On the other, Mexico and Peru’s Central Banks are actively working in their CBDCs. Which way will the scale tip? The jury’s still out […]
BitPagos, who has successfully launched Bitcoin service in Argentina is now expanding into South America's largest country, Brazil, with the release of Ripio.com. Ripio allows anyone living in Brazil to be able to make Bitcoin purchase orders through their website, and with a basic bank slip, can buy Bitcoin at thousands of locations throughout Brazil. Also read: "Argentina: Bitcoin Just Received an Unintentional Boost". BitPagos Launches Ripio in Brazil. "We have noticed an exponential growth of Bitcoin economies all around the world. And mainly in Latin America, where the expensive....
Argentina has seen such strong growth in bitcoin transactions, owing mostly to the high inflation and capital controls imposed by the government that led people to pursue alternative methods of moving funds around. With that, Buenos Aires has been chosen to host the first-ever Latin America bitcoin conference. The forum was co-sponsored by Bitcoin Argentina and Bitcoin Latin America and was held in the Buenos Aires government's brand new auditorium last July 31. The event also included live streaming from other conferences held simultaneously at the Virtual Currencies in the Financial and....
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 […]