Mercado Pago Launches Cryptocurrency Trading Services in Mexico

Bitcoin.com | Oct 31, 2022 at 11:30 AM
  • The company, which serves as a wallet arm of Mercado Libre, announced on Sep. 27 that it has activated the possibility for customers to purchase crypto with national fiat currency in Mexico.
  • The company was a pioneer in offering this kind of service in Brazil.
  • This goes in line with what Marcos Galperin, co-founder and CEO of Mercado Libre, thinks about the value of crypto, attributing more importance to its function as a store of value than what it might offer as a means of payment.