Popular Brazilian cryptocurrency exchange platform, Mercado Bitcoin follows the current expansion trend in the crypto sector. Mercado Bitcoin prepares to expand its operations in Mexico.
While popular Bitcoin cryptocurrency has been increasingly expanding its popularity into different countries of the world, with recent additions being the Central African Republic which has made Bitcoin a legal tender, Ukraine’s use of Bitcoin as support funds, and several other countries utilizing crypto technologies but under regulations.
Furthermore, these expansions have been facilitated by many platforms similar to like Crypto,com offering Bitcoin exchange to different countries, and Zetrix blockchain utilizing cross-chain technology to provide smart contracts, scalability, and security services, as well as popular platforms like Binance. According to Cointelegraph, Mercado Bitcoin isn’t looking to include a Mexico-based crypto exchange to operate in the country but is waiting for approvals to start operations in Mexico. Creating thick competition with other crypto exchanges in the country.
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