The Latin American Bitcoin ecosystem is growing in a rapid pace. It is now Chile’s turn to ‘wow’ the Bitcoin community by securing an investment of $300,000 from Digital Currency Group, a well-known Bitcoin investment firm led by Barry Silbert. The Chilean Bitcoin exchange, SurBTC has been the leading bitcoin exchange in the region for a while now. Even before the company raised $300000 from Digital Currency Group, it had received $100000 in funding from a government entity. The fact that SurBTC has received funds from the Chilean government shows that the country favors the digital currency which has become the target of regulators in various countries across the world. With the influx of new funds, the budding bitcoin exchange has its eyes set across the country’s borders. Going by the
With the influx of new funds, the budding bitcoin exchange has its eyes set across the country’s borders. Going by the reports, SurBTC is planning to expand its operations to the neighboring countries in the Latin American continent.Even before the company raised $300000 from Digital Currency Group, it had received $100000 in funding from a government entity. The fact that SurBTC has received funds from the Chilean government shows that the country favors the digital currency which has become the target of regulators in various countries across the world. With the influx of new funds, the budding bitcoin exchange has its eyes set
Even before the company raised $300000 from Digital Currency Group, it had received $100000 in funding from a government entity. The fact that SurBTC has received funds from the Chilean government shows that the country favors the digital currency which has become the target of regulators in various countries across the world. With the influx of new funds, the budding bitcoin exchange has its eyes set across the country’s borders. Going by the reports, SurBTC is planning to expand its operations to the neighboring countries in the Latin American continent. SurBTC allows users to buy and sell bitcoin for Chilean Pesos. It also offers international remittance service and currently involved in few bitcoin based projects targeted towards providing financial services to the country’s unbanked and underbanked. All financial tools, both developed and those currently under development are powered by bitcoin, which allows the company to maintain competitiveness by offering services at less costs in comparison to existing fiat based conventional services.SurBTC allows users to buy and sell bitcoin for Chilean Pesos. It also offers international remittance service and currently involved in few
SurBTC allows users to buy and sell bitcoin for Chilean Pesos. It also offers international remittance service and currently involved in few bitcoin based projects targeted towards providing financial services to the country’s unbanked and underbanked. All financial tools, both developed and those currently under development are powered by bitcoin, which allows the company to maintain competitiveness by offering services at less costs in comparison to existing fiat based conventional services. Digital Currency Group is one of the active investment company in the digital currency sector. The company and its CEO Barry Silbert have invested in lot of bitcoin and cryptocurrency companies across the world. The company recently made it to the headlines on almost all technology and digital currency news magazines and websites after it acquired one of its portfolio companies involved in bitcoin news and reporting.
Digital Currency Group is one of the active investment company in the digital currency sector. The company and its CEO Barry Silbert have invested in lot of bitcoin and cryptocurrency companies across the world. The company recently made it to the headlines on almost all technology and digital currency news magazines and websites after it acquired one of its portfolio companies involved in bitcoin news and reporting. With fresh liquidity being injected into SurBTC, we can expect the bitcoin exchange to improve its existing platform and services while targeting international expansion.
With fresh liquidity being injected into SurBTC, we can expect the bitcoin exchange to improve its existing platform and services while targeting international expansion.