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Huge Wave Of Bitcoin Adoption In South America

Claudia Rivera

Summary: Through Bitex cryptocurrency exchange, a major South American banking firm, South American countries adopted large amounts of Bitcoin. This will encourage the use of cryptocurrencies for international payments (Crypto Daily).  Through this occuring practice, cryptocurrency will operate on an institutional level, banks and financial providers will make the most use out of blockchains; the adoption ...

Through Bitex cryptocurrency exchange, a major South American banking firm, South American countries adopted large amounts of Bitcoin. This will encourage the use of cryptocurrencies for international payments (Crypto Daily). 

Through this occuring practice, cryptocurrency will operate on an institutional level, banks and financial providers will make the most use out of blockchains; the adoption of cryptocurrency is becoming more common and improving crypto industry.

By Claudia Rivera

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