Latin American E-Commerce Giant Mercado Libre to Enable Crypto Investments in Brazil

Posted on by American Coins & Gold

Latin American E-Commerce Giant Mercado Libre to Enable Crypto Investments in Brazil
Mercado Libre, the largest e-commerce company in Latin America by market value, will enable users in Brazil to buy, sell and hold cryptocurrencies, the company confirmed to CoinDesk on Monday.Bloomberg Law first reported the news in a story earlier in the day that Mercado Libre co-founder and CEO Marcos Galperin retweeted.In a written statement, Mercado Libre said that it was entering the cryptocurrency environment in Brazil together with a world-class custodian,” although it didn’t specify with whom it would partner for this service. The company added that it is “analyzing all financial and regulatory aspects surrounding this technology.”MercadoLibre has been…