Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
The parent company of Brazil’s largest cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchange begins its foray into Europe.
2TM, el holding de 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. Marketplace which in turn is the largest exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. of Brazil, acquired CriptoLoja the first exchange crypto licensed in Portugal, as a first step in its plans to expand into Europe.
2TM, specifically acquired a majority stake in the company. CriptoLoja . However, it still needs the approval of the Central Bank of Portugal, 2TM told CoinDesk in a statement, although the company expects that to happen “ within the next few months.
The company did not disclose the amount of the transaction or the exact stake acquired.
Pedro Borges and Luis Gomes, founders of CriptoLoja will remain in charge of the company and will also manage the expansion of 2TM in Europe, the company added.
“The crypto business is global and the Series A and B funding rounds we have done give us the strength to participate intensely in this scenario. Portugal is a strategic market an area or arena, online or offline, in which commercial dealings are conducted. because, in addition to requiring a specific license and a growing importance in the crypto landscape, is a path to the European market . In addition to financial capability, our investors brought the technological excellence needed to compete globally, said the CEO of 2TM, Roberto Dagnoni, in a statement.
2TM will initially offer over-the-counter operations in Portugal, while later it plans to include the services of Bitcoin Marketplace for retail and institutional clients in the European country.
The Brazilian company did not clarify whether CriptoLoja will be renamed Bitcoin Marketplace . “We’re not making any brand or name announcements yet.” a company spokesman told the media CoinDesk.
CriptoLoja launched its online cryptocurrency trading service in October 2021, Borges said, adding that the cryptocurrency exchange allows users to buy 94 cryptocurrencies and exchange them for an additional 398 cryptocurrencies.
Earlier, in June 2021, the Central Bank of Portugal granted the licence to CriptoLoja as a virtual asset service provider, making it the first cryptocurrency company licensed to operate in the country.
June 2021, Bitcoin Marketplace raised USD $200 million in a first closing of its Series B funding round, which made the company the second largest crypto unicorn in Latin America, after Bitso.
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