As NEWSBTC reports, Mexican Exchange meXBT has acquired a Singaporean Bitcoin brokerage and consultation firm with hopes to expand its operations through the Asian bitcoin market.
The acquired firm, known as Coin Republic, is a renowned Bitcoin exchange and consultation company, for it is among the only Bitcoin services that do not hold customers’ funds, but transfer them directly to the designated receiver.
Within just two years since its launch, Coin Republic has achieved a great reputation of being a safe and secure method to exchange Bitcoins that allows users to limit their risks of losing capital.
Due to a breathable technology climate, Singapore has turned out to be one of the friendliest countries to promote and expand FinTech services like Bitcoin.
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