The Chinese crypto exchange Huobi announced that it had purchased a Latin American cryptocurrency exchange, Bitex.

The exchange did this to reach out to Latin American countries like Chile, Argentina, Uruguay, and Paraguay. Huobi explains that the firm is expanding its influence in Latin America as it sees the region as one of the most proactive cryptocurrency acceptancy regions worldwide.

Chinese Crypto Exchange Huobi To Expand In Latin America, Buys Bitex Crypto Exchange comes via ChinaTechNews.com.