{"id":476530,"date":"2022-07-21T23:47:48","date_gmt":"2022-07-21T20:47:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mercado-bitcoin-plans-to-expand-to-mexico\/"},"modified":"2022-07-21T23:47:48","modified_gmt":"2022-07-21T20:47:48","slug":"mercado-bitcoin-plans-to-expand-to-mexico","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mercado-bitcoin-plans-to-expand-to-mexico\/","title":{"rendered":"# Mercado Bitcoin plans to expand to Mexico"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26bb6818978\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26bb6818978\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/mercado-bitcoin-plans-to-expand-to-mexico\/#%E2%80%9D_Mercado_Bitcoin_plans_to_expand_to_Mexico_%E2%80%9C\" >&#8221; Mercado Bitcoin plans to expand to Mexico &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Mercado_Bitcoin_plans_to_expand_to_Mexico_%E2%80%9C\"><\/span>&#8221; Mercado Bitcoin plans to expand to Mexico &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvNzc0OTkwZmMtM2ViNS00M2YyLThmNWQtNTI2YTRmMGM3ZDliLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval.<\/p>\n<p>Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said\u00a0the company was awaiting regulatory approval to start operations in Mexico. The details of the expansion are unclear, but Rabelo said in an April interview that acquiring a crypto exchange was an easier route to operate in a new market to avoid starting from scratch.<\/p>\n<p>In January, Mercado Bitcoin\u2019s operator 2TM Group bought a controlling stake in Lisbon-based crypto exchange CriptoLoja as part of the company\u2019s expansion into Portugal. Coinbase was also\u00a0reportedly in talks to purchase 2TM \u2014 with a valuation of more than $2 billion at the time \u2014 but ended discussions in May. <\/p>\n<p>Rabelo reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/embargo-brazil-crypto-exchange-mercado-bitcoin-expand-into-mexico-this-year-says-2022-07-21\/\">said<\/a> 2TM was &#8220;looking at the Latin American market a bit more cautiously due to the macroeconomic scenario,\u201d but did not suggest where or if the company might expand next. At the time of publication, 2TM operates\u00a0in Brazil and Portugal through firms including Mercado Bitcoin, Blockchain Academy, Bitrust, CriptoLoja, and Portal do Bitcoin.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Making Bitcoin legal tender in Mexico will be \u2018an uphill battle,\u2019 says Ricardo Salinas<\/em><\/strong><\/p>\n<p>Should Mercado Bitcoin make the move to Mexico, it would likely be in competition with crypto exchange Bitso, which currently provides services to the country as well as Argentina, Brazil, El Salvador and Colombia. Some lawmakers in Mexico have proposed adopting Bitcoin (BTC) as legal tender in the country like its neighbor El Salvador did in September 2021, but there are also plans to \u200b\u200bintroduce a central bank digital currency in 2024.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/mercado-bitcoin-plans-to-expand-to-mexico\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Mercado Bitcoin plans to expand to Mexico &#8220; Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval. Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said\u00a0the company was awaiting regulatory approval to start operations in Mexico. The details of the expansion are unclear, but Rabelo&#8230;<\/p>\n","protected":false},"author":1,"featured_media":476531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvNzc0OTkwZmMtM2ViNS00M2YyLThmNWQtNTI2YTRmMGM3ZDliLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74860,131611,22483,117,70504],"class_list":["post-476530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrency-exchange","tag-mercado-bitcoin","tag-brazil","tag-business","tag-mexico"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/476530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=476530"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/476530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/476531"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=476530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=476530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=476530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}