The bitcoin financial company (BTC) Blockchain.com, acquired the Argentine platform for investments with cryptocurrencies, SeSocio.
Through a statement, the United Kingdom company reported that wants to “accelerate” its presence in Latin America to n increase the adoption of cryptocurrencies on the continent.
SeSocio has a presence in Chile, Colombia, Peru, Mexico and Spain. From now on, Blockchain.com will reach those countries and promises to open more offices and hire local staff.
Although the official publication does not specify how much the Argentine company was acquired, according to Infobae, the sale reached USD 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. In the meantime, new currencies emerged out of nowhere and experienced political instability, creating a favorable environment for cryptocurrencies. With the SeSocio team, our goal is to provide all Latin Americans with access to a global cryptocurrency platform, ”said Smith.
Argentina is one of the countries in the region which has higher inflation . Recently, it was announced that in October it registered 52.1% annual inflation and 3.5% monthly, and it is also expected to increase by 2022.
The arrival of Blockchain.com to Argentina, through SeSocio, occurs in a context in which the Central Bank of the Argentine Republic (BCRA) and the Federal Administration of Public Revenues (AFIP) are collecting information on people who operate with cryptocurrencies in the country.
In addition, seek to closely monitor the activities of exchanges and they have even ordered these companies to close bank accounts, a fact reported by CriptoNoticias.
Criticism of SeSocios on Twitter
The announcement of the purchase of SeSocios by Blockchain.com, generated some noise in the social network Twitter.
One of the users, specifically @cryptochica_arg, announced that on the platform of Argentine origin, there are negative comments, and they, who retain cryptocurrencies.
“I do not know the details but @ Lu80773601 says he has 1,000 USDT immobilized on his platform, and @MagnusFi 500,” he wrote.
The message was answered by @ Lu80773601 who said: “I have always followed you and I am from the crypto community. . We are with a legal claim. It’s not just me. I practically resigned myself ”.
Faced with these accusations, one of the founders of SeSocio, Gastón Krasny, asked Twitter users to contact the company.
“Write to support if you have an operation stuck for whatever reason and it is solved quickly, I could not find any case with the open twitter alias,” wrote Krasny.