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 51 days ago
 Source: contxto.com

Mexico’s Bitso cryptocurrency exchange crosses into Argentina

Quick Summary

Bitso—a Mexican cryptocurrency exchange platform—is going to the Southern Cone and setting up shop (metaphorically and literally) in Argentina. The peculiar mix of bad economic news and stable financial institutions has created a perfect storm for crypto in Argentina, and Bitso is keen to jump on the bandwagon. Secondly, we are looking to help the local industry’s process towards maturity.”Argentina stands for free-flowing currencyIndeed, Argentina is a funny place regarding crypto. The Bitso press release indeed pointed this out as a difference in Argentinian crypto behavior versus other Latin American markets:“What makes Argentineans stand out is their particular use of digital currency. Also, the Bitso team is truly betting hard on Argentina.

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