meXBT, a Mexico-based bitcoin exchange, will use bitcoin to facilitate financial transactions between Latin America and Asia with its recent acquisition of Coin Republic, a Singapore-based bitcoin brokerage. The acquisition gives meXBT the ability to allow financial transactions between Latin America and Asia using bitcoin without the parties having to purchase bitcoin. meBXT announced the acquisition on its website. The purchase price was not disclosed. "The strategy is to use technology as the basis bitcoins payment system between companies and evidently between international trade is one of the areas where we see greater opportunity," meXBT announced on its website. Exchange […]
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