Coin Republic, a Singapore-based Bitcoin exchange, has been acquired by Mexican Bitcoin exchange meXBT for an undisclosed amount. meXBT, which will now have a user-base of 6,000 that continues to grow at a rate of 30% a month, released a statement saying that its platform will be launched in Singapore in the next couple of months, and that the company will benefit from presence in Singapore due to the country's focus on foreign trade.
Coin Republic, a Singapore-based Bitcoin exchange, has been acquired by Mexican Bitcoin exchange meXBT for an undisclosed amount. meXBT, which will now have a user-base of 6,000 that continues to grow at a rate of 25%-30% a month, released a statement saying that its platform will be launched in Singapore in the next couple of months, and that the company will benefit from presence in Singapore due to the country's focus on foreign trade.