Brazil’s top exchange announces international expansion after raising $38M

Cointelegraph

Published Jan 22, 2021 12:32AM ET

Updated Jan 22, 2021 02:20AM ET

Brazil’s largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America.

Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the “regulatory culture” in those countries to Brazil’s.

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