Wednesday, December 8

MercadoLibre to launch Bitcoin wallet for Brazilian users

MercadoLibre Inc. advances in its formal adoption of bitcoin (BTC) and other cryptocurrencies as a means of payment. This Monday, MercadoPago, the tool with which the platform’s negotiations are managed, announced the launch of a digital wallet, through which users can buy, sell and trade their digital assets.

According to Tulio Oliveira, vice president of MercadoPago, it is about the expansion of a pilot test carried out in the Brazilian country with a “small group of clients”, at the beginning of November. Now, “it will be implemented more widely in the coming weeks.”

“We take the time to study and learn before deciding to take a step towards cryptocurrencies. This has a transformative potential ahead and opens a new path for us, “said Oliveira, according to appointment the Bloomberg media.

Oliveira adds that customers, at first, will not be able to use bitcoin and their other cryptocurrencies to directly pay for goods purchased in MercadoLibre.

News in development …

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