“With this product they will be able to buy and sell shares; with pesos and dollars,” said Daniel Voguel, founder of Bitso.
The minimum amount to make investments ranges from 20 pesos and new and existing clients can now sign up for a waiting list.
Bitso operates in Mexico under the fintech law, approved in 2018.
The crypto financial services company operates in Mexico, Argentina and Colombia.
It recently announced its intentions to enter the US market and apply for a license with the OCC.
It is expected that with the rise of stablecoins, the platform will be able to offer its services in Mexico and the United States.
It was recently announced that Bitso was interested in acquiring the brokerage house or CI bank license, one of the financial institutions identified by the United States for alleged money laundering.
Sources close to the process confirmed these intentions to Expansion; However, they expect it to be a process that will take time.
