FILE PHOTO: A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier
SAO PAULO (Reuters) - SoftBank-backed Brazilian crypto exchange Mercado Bitcoin is set to enter the Mexican market by the end of the year, as part of a plan to expand elsewhere in Latin America, its chief executive told Reuters.
"Certainly, in the second half of the year we start operating in Mexico," Mercado Bitcoin's CEO, Reinaldo Rabelo, said in an interview, adding that talks for regulatory approval in the country are in their final stages.
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