In a press release on Sept 14, Bull Bitcoin announced a partnership with SINPE Movil, the country’s main payment system, and local wallet provider, Bitcoin Jungle.
The exchange noted that it marks the first time Costa Ricans and foreigners will convert local fiat to the largest cryptocurrency without relying on international banking services.
It also allows for conversion between local Colones and Bitcoin using bank transfers.
The company plans to offer its services to 1 billion global customers in the next 12 months.
Global expansion in sight.
Canadian Bitcoin Exchange Strikes Local Currency Conversion Partnership with Costa Rica’s Payment System Pixabay Canadian Bitcoin,BTC, a bitcoin exchange based in Canada, has announced a strategic partnership with a payment system in Costa Rica,Bitcoin Jungle.
This partnership could change the entire crypto landscape in the country and by extension, the region as 90% of citizens adopt SinPE, a phone number-based network creating a path to Bitcoin adoption.
The companies announce plans to expand their service over