Financial firm Bitcoin (BTC) Blockchain.com has acquired Argentine platform for cryptocurrency investments, SeSocio.
through a release, The UK company has stated that it wants to “accelerate” its presence in Latin America to iIncreased adoption of cryptocurrencies on the continent.
SeSocio has a presence in Spain, Peru, Chile, Colombia, and Mexico. From now on, Blockchain.com will reach those countries and promise to open more offices and hire local employees.
Although the official publication does not specify the amount of the acquisition of the Argentine company, according to Infobae broker, The sale reached $100 million.
Peter Smith, CEO of Blockchain.com, believes that cryptocurrencies will grow in Latin America over the next decade.
Bitcoin to fight inflation
“Millions have already seen inflation at its worst, new currencies emerging out of nowhere and political instability creating a favorable environment for cryptocurrencies. Through the SeSocio team, our goal is to provide all Latin Americans with access to a global cryptocurrency platform,” Smith said.
Argentina is one of Countries in the region with high inflation rates. Recently, it became known that in October registration 52.1% annual inflation and 3.5% monthly, and is also expected to rise by 2022.
The access of Blockchain.com in Argentina, through SeSocio, occurs in a context where the Central Bank of the Argentine Republic (BCRA) and the Federal Public Revenue Administration (AFIP) are collecting information about people working with cryptocurrencies in the country.
What is more, It seeks to closely monitor the activities of the stock exchanges They have ordered these companies to close bank accounts, a fact reported by CriptoNoticias.
Criticize SeSocios on Twitter
Announcing the purchase of SeSocios by Blockchain.com, Made some noise on the social network Twitter.
One of the users, specifically cryptochica_arg, make it known That on the platform of Argentine origin, there are negative comments, among them, that they are blocking cryptocurrencies.
“I don’t know the details but @Lu80773601 says they have 1,000 USDT tied up on their platform, and the MagnusFi 500,” he wrote.
The message was answered by @Lu80773601 who guess: “I’ve always followed you and I’m from the crypto community telling you that SeSocio people scammed at least 300 people with this investment. We’re with a legal claim. It’s not just me. I practically resigned.”
Faced with such accusations, SeSocio co-founder Gaston Krasny has asked Twitter users They will communicate with a company.
“Write to support if you have an operation blocked for any reason and it was resolved quickly, I didn’t find any case with the open twitter alias,” Krasny wrote.
“Creator. Devoted pop culture specialist. Certified web fanatic. Unapologetic coffee lover.”