Latin America is widely believed to one of the markets that could most benefit from digital currency, as the region’s consumers and businesses have been afflicted by volatile government-backed currencies, capital controls and high remittance costs.
Given these challenges, a small but passionate local bitcoin industry has emerged in Latin America, with the aim of giving local consumers access to both an alternative currency and a modern payments technology. Further, market leaders such as Bitex.la and BitPagos are now expanding with assistance […]