20 Apr '15, 4pm

South American Bitcoin Exchange SurBTC Launches with Funding from Chilean Government

Chile-based Bitcoin company, SurBTC, which translates to Bitcoin South, recently launched the South American country’s first Bitcoin exchange. The exchange hopes to be a safe and reliable way for Chileans to access and invest in bitcoin. Chile is right next door to Argentina, a country well known in the Bitcoin industry. Argentina’s high inflation and strict capital controls have created conditions many believe will ignite Bitcoin adoption in the country. But unbeknownst to most, Chileans have had a growing interest in digital currency as well. The country has been home to a small-but-growing Bitcoin community. There are more than 200 registered members in the Santiago, Chile Bitcoin Meetup, as well as numerous businesses that accept the digital currency. But Chileans have few ways to buy and sell bitcoin. By being the country’s first Bitcoin exchange, SurBTC hopes to prov...

Full article: https://bitcoinmagazine.com/20062/south-american-bitcoin-...

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Bitcoin Exchange in Chile Gets Funding from Government

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