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Chinese Crypto Exchange Huobi To Expand In Latin America, Buys Bitex Crypto Exchange

News Snapshot:

The Chinese crypto exchange Huobi announced that it had purchased a Latin American cryptocurrency exchange, Bitex. The exchange did this to reach out to Latin American countries like Chile, Argentina, Uruguay, and Paraguay. Huobi explains that the firm is expanding its influence in Latin America as it sees the region as one of the most proactive cryptocurrency acceptancy regions worldwide. Huobi Global To Acquire Crypto Exchange Bitex On Thursday, the globally-leading crypto exchange Huobi Global explained that the firm would expand into the Latin American marketplace and, in doing so, purchased Bitex. However, the announcement has not yet unclosed the…

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