Cryptocurrency News

Mercado Bitcoin plans to expand to Mexico

2022.07.22 06:30

Mercado Bitcoin plans to expand to Mexico
Mercado Bitcoin plans to expand to Mexico

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.

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