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Bitfinex forms strategic partnership in Latin America, driving crypto adoption in the region

by
May 24, 2023
in News, regulation
0

Bitfinex, the major digital asset platform, has announced its latest partnership in Latin America. In a strategic move aimed at driving widespread adoption in the region, Bitfinex has invested in OrionX, one of Chile’s leading cryptocurrency exchanges.

The collaboration between these two dynamic companies will have a transformative impact on the local crypto landscape, focusing on bolstering educational initiatives and fostering financial inclusivity.

This development follows Bitfinex’s notable achievement just over a month ago, when its subsidiary, Bitfinex Securities El Salvador, obtained an operating license from the National Digital Asset Commission in El Salvador.

This license allows them to issue and trade secondary assets through a fully compliant platform that adheres to local regulations. The company’s ongoing commitment to regulatory compliance underscores its dedication to building a secure and reliable crypto ecosystem.

Furthermore, Bitfinex has promoted technological empowerment by sponsoring a comprehensive three-week boot camp in Paraguay. This boot camp specifically targeted women, allowing them to acquire fundamental coding skills.

💡 #Bitfinex stands with @PenguinsTribe in empowering women in Paraguay through coding! Our shared mission: financial freedom 👩‍💻

Curious to know more? Explore their inspiring journey 📖👇https://t.co/9IR0yFd8jr pic.twitter.com/D3PC2w0nGP

— Bitfinex (@bitfinex) May 23, 2023

By fostering inclusivity and diversity within the industry, Bitfinex is making significant strides toward leveling the playing field and ensuring equal access to cryptocurrency opportunities.

Latin America has emerged as a burgeoning market within the crypto sphere over the past year, attracting attention from investors worldwide. Bitfinex’s strategic investments and partnerships in the region demonstrate the company’s unwavering belief in Latin America’s immense potential and opportunities.

By actively engaging with local exchanges, supporting educational programs, and advocating for financial freedom, Bitfinex is shaping the future of cryptocurrencies in the region.

With its proactive approach and commitment to driving adoption, Bitfinex is poised to play a pivotal role in shaping the trajectory of the Latin American crypto landscape.

By embracing collaboration, education, and inclusivity, Bitfinex is making valuable contributions to the region’s crypto ecosystem, ultimately empowering individuals and communities to participate in the digital economy.

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