Tagbitso

Bitcoin Exchange: Don't Believe False Reports that Mexico Banned Crypto

mexico, bitcoin

In recent weeks, reports that Mexico has banned bitcoin and cryptocurrencies, in general, have surfaced, leading many investors to worry about the future of the crypto market in the region. Bitso: Mexico Stunted Bitcoin Industry's Growth - But Hasn't Banned Crypto Altogether According to Bitso, while the Bank of Mexico (Banxico) published new rules to govern cryptocurrencies and it could...

NYA Signatory Bitso: SegWit2x a Chain Split, ‘Not a Blockchain Upgrade’

Another signatory to the New York Agreement (NYA) is having second thoughts about SegWit2x. Daniel Vogel, co-founder and president of Mexican bitcoin exchange Bitso, sent an email to the SegWit2x mailing list on Thursday expressing hesitancy about the upcoming hard fork that is scheduled to activate in approximately two weeks. Vogel’s chief concern is that although the SegWit2x codebase is...

Mexican Bitcoin Exchange Bitso Offers One Rate, Delivers Another

Bitcoin

To the tune of around 15 bitcoins, a Hacked.com subscriber wrote to this reporter and asked him to warn others of how the system at Bitso works. He saw a trend that he wanted to capitalize on, and he had 430+ Ethereum to work with. He put them all on order for Bitcoin, and was told he would receive around 30 bitcoins. Then when the orders were through, he only had a little over 14 bitcoins. As he...

Bitcoin, Blockchain Payments Startups Win RemTECH Awards at United Nations

Bitcoin and blockchain services Airpocket, Bitso, Everex, Moneytis and Trulioo have taken home awards at RemTECH, an awards show for the remittance industry. Airpocket won the award for ‘Remittances and Financial Inclusion.’ Bitso won the award for “Pioneering Spirit.” Everex won for ‘Service Originality.’ Moneytis won for “Most Innovative Service” and Trulioo won for its “Potential for Growth."...

Barry Silbert Optimistic of Global Bitcoin Exchange Volumes

Barry Silbert, the co-founder and CEO of Digital Currency Group (DCG), stated that trading volumes of global bitcoin exchanges are growing at a rapid rate. Exchanges in regions such as the Middle East and Mexico have demonstrated record breaking volumes amid bitcoin’s recent price rally. As arguably the most active investor in the bitcoin industry, Silbert collaborates with leading bitcoin...

As Trump Targets Mexican Remittances, It's Time for Mexico's Government to Get Serious about Bitcoin

Mexico elections bitcoin

No country had more to lose from Donald Trump’s presidential victory than Mexico, an economy that heavily relies on remittances from the United States. Mexico received $24 billion in remittances in 2015, the country’s largest source of currency after direct investment. The Mexican government has been bracing for this blow and has taken steps to shore up its finances. The impending fallout should...

New Partnership Enables Bitcoin Payroll in Mexico

Mexico elections bitcoin

"Brexit" or not, interconnected economies are a reality. It is here to stay and technology can certainly increase the potentiality of labor mobility. One of the lynchpins has always been the massive friction that comes with cross-border payments. Bitcoin make a lot of sense as a solution. Enter the new relationship in Mexico between Bitso and Bitwage. Bitwage and Bitso A quick refresher...

Pademobile Brings Mobile Bitcoin Access to 3 Million in Mexico

Bitso, Mexico’s first Bitcoin exchange, has revealed to CCN a partnership with Pademobile that will allow all 3 million of the payment company’s customers to purchase bitcoins from their mobile phones. The Mexican Bitcoin exchange has claimed they want to “strengthen the purchase and use of Bitcoin in Mexico” with this move. Pademobile is the company that was able to bring Bitcoin acceptance to...

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