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Latin American Banks Using Bitcoin

August 13, 2019 10:39 am by FomoHunt

Uruguay  — Crypto exchange Bitex and banking service provider Bantotal announced a partnership in which Bitcoin was moved through banks in Latin America. An estimated 20 million people in Latin America use the Bantotal system as a customer. In on example a payment from Argentina to Paraguay dropped from a month to an hour using the new system.

Bitex’s API handles all currency/Bitcoin conversions and the depositing of funds into the receiver's bank account.