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Spanish exchange Bit2me enters the Brazilian market

Alex Coin
May 3, 2022
Reading Time: 3 mins read
0
brazil

Spanish cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchange Bit2me expands its operations to Brazil, as a start to expand in Latin America.

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***

The Spanish cryptocurrency exchange Bit2me seeks to enter the Latin American market an area or arena, online or offline, in which commercial dealings are conducted. and to do so, it is premieres in the largest country in the region: Brazil.

The company launched its operations in Brazil by introducing an office in the country that will address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. compliance issues to make the exchange a safe option a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price. for Brazilians. The exchange aims to serve an estimated 20 million customers in the country.

According to the information, this is only the entrance to the continent, because the exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. wants to provide its services to Spanish-speaking countries in the region.

It is worth noting that Bit2Me is a very well positioned platform a place to buy, sell and store cryptocurrency in Spain. In fact, was the first exchange whose registration was approved by the Bank of Spain, the country’s central bank. This happened in February of this year, the central bank had opened the registration of the cryptocurrency providers at the end of 2021 and after months of analysis gave this exchange its first approval.

Bit2Me y Brazil

Bit2me considera a Brasil un país muy importante debido al gran volumen de clientes potenciales y al tamaño del criptomercado. Al respecto, el CFO de Bit2me, Pablo Casadio, affirmed, according to a report from Bitcoin.com :

Brazil is a key country in Bit2me’s entry into Latin America as more than 20 million Brazilians already invest investing is when you put money in a financial scheme with the intent of making a gain. in cryptocurrencies, which shows their interest in this new technology.

For the launch, the exchange hired the former employee of Binance, Ricardo Da Ros, who will be responsible for overseeing the expansion operations in the country. In addition, this graduate in Computer Science was responsible for the technological business. Ripio in Brazil. Along with him were hired four other experts with experience in banking, advertising, marketing, crypto market, which shows the formation of a powerful team.

For Da Ros, this entry into the Brazilian market is a good opportunity to bring more education to the masses about Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and the cryptomarket.

He stated:

I believe that with Bit2me we can improve the knowledge of cryptocurrencies in Brazil and bring the idea of Satoshi the smallest unit of bitcoin with a value of 0.00000001 BTC. Nakamoto to all Brazilians interested in this revolution.

According to media reports, Bit2me es un firme creyente en un enfoque de servicio que se basa en el cumplimiento. Esta misma filosofía la traslada también a la próxima operación en Brasil, donde el intercambio ya tiene una oficina dedicada a asegurar las transacciones de los clientes.

Open legislation

This office “scrupulously applies the rules relating to the prevention of money laundering and terrorist financing”, according to the exchange. This seeks to give an advantage to the exchange compared to competitors operating outside the country, especially as Brazil makes progress in the approval of a cryptocurrency law which will regulate the operations of virtual asset service providers.

The legislation has already been approved by the full Senate. It must now go to Brazil’s Chamber of Deputies, which will vote to approve it or not. If it is given the go-ahead, the executive branch – specifically President Jair Bolsonaro – can sign it or not. But all indications are that there are no obstacles in the way.

Sources: El Español , Bitcoin.com, archivo

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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