Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using these services.
Mercado Libre to Expand Crypto Offering in Latam
More companies are extending their services to include cryptocurrency in Latam. Mercado Libre, one of the biggest Latam region retailers, has plans to expand its cryptocurrency services to include more countries in the zone. Osvaldo Gimenez, head of Mercado Pago, Mercado Libre’s digital payments and wallet service, informed El Pais about these plans. He declared:
We are going to be expanding in the region the possibility of buying, selling and having cryptocurrencies in your account. It works with bitcoin, with ethereum and with the stable currency that reflects the value...
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