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Argentina-based bank to enable Bitcoin cross-border payments

Monday 4 June 2018 14:46 CET | News

Banco Masventas has revealed that they will allow customers to send cross-border payments using Bitcoin.

This is done in partnership with Bitex, a Latin America-focused exchange startup that was founded in 2014. This initiative comes up as an alternative to Swift.

Bitex Chief marketing officer, Manuel Beaudroit, told CoinDesk that the startup believes that this is the first time a domestic bank has adopted Bitcoin for cross-border payments.


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Keywords: Bitcoin, cross-border payments, Banco Masventas, Latin America, Bitex
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