Latin American e-commerce large Mercado Libre is launching its cryptocurrency within the Brazilian market.
The Buenos Aires-based firm introduced at a press convention Thursday the launch of its MercadoCoin digital foreign money, which will likely be a part of a brand new loyalty program. This was reported by the Reuters information company and different media.
Based on experiences, the cryptocurrency will initially be launched in Brazil and can permit prospects to obtain refunds for purchases made by the e-commerce platform. Mercado Libre customers will then be capable of use the token for brand spanking new purchases and change it with the corporate’s . . .