MonetaGo Launches in 40 Countriesbr>
On Monday, June 15, MonetaGo announced the launch of its bitcoin exchange across 40 countries.
“Digital currency is supposed to be this global phenomenon that is going to enable the seamless transmission of funds across borders, but the reality of it is that 90-something percent of all bitcoin trading happens in three currencies only,” said MonetaGo CEO Jesse Chenard.
In extending services to underserved markets outside the dollar, yuan and euro, Chenard and his co-founders hope to make bitcoin more accessible and cost effective for new users.
MonetaGo is a global currency exchange based in New York.