{"id":81123,"date":"2018-09-06T10:00:01","date_gmt":"2018-09-06T17:00:01","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=81123"},"modified":"2019-11-07T06:03:34","modified_gmt":"2019-11-07T06:03:34","slug":"bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay\/","title":{"rendered":"Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay"},"content":{"rendered":"<p>Seattle-based Bittrex\u2019s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil, a fintech company facilitating clients in Latin America and the Caribbean.<\/p>\n<h2>Uruguay's Future in Crypto<\/h2>\n<p>By marrying Uruguay-based Cryptofacil\u2019s marketing strategy for Latin American customers with Bittrex's trading platform technology, cryptocurrencies are able to increase their global footprint; however, the agreement also adds a level of security and regulation in Latin America and Caribbean locations where it didn't exist before.<\/p>\n<p>Trading digital assets has been an experiment in white-knuckling patience and anxiety, but Cryptofacil\u2019s co-founder Andres Szafran and his team have constructed an architecture of security developed with customer satisfaction in mind.<\/p>\n<p>Szafran said his company\u2019s interface will provide users with a chance to participate in cryptocurrency adoption in a way that is visually easy to interpret. A well-rounded team of tech, security and marketing representatives set the groundwork for a successful market, and the company is set to offer more than 270 tokens in correlation with premium services and competitive market fees.<\/p>\n<p>Pre-registration can be done at <a href=\"http:\/\/Cryptofacil.com\">Cryptofacil.com<\/a>.<\/p>\n<p>In a press release, Bittrex CEO Bill Shihara said:<\/p>\n<blockquote><p>\u201cCryptofacil and Bittrex will provide Latin American and Caribbean customers a reliable, fast and secure trading platform that also offers access to some of the world\u2019s most innovative blockchain projects\u2026[It] is partnerships like this one that will serve to not only support the blockchain industry, but also to incubate innovative projects using this revolutionary technology.\u201d<\/p><\/blockquote>\n<p>News of the partnership comes ahead of the Blockchain Summit in Uruguay, where Szafran is set to speak about the future of cryptocurrency and educate attendees about his contributions to the industry.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\">? Hoy nuestro co-founder Andres Szafran, estar\u00e1 presente en <a href=\"https:\/\/twitter.com\/SummitUruguay?ref_src=twsrc%5Etfw\">@SummitUruguay<\/a> \u2705 Expertos en tecnolog\u00eda <a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&ref_src=twsrc%5Etfw\">#blockchain<\/a> y <a href=\"https:\/\/twitter.com\/hashtag\/criptomonedas?src=hash&ref_src=twsrc%5Etfw\">#criptomonedas<\/a> estar\u00e1n durante una jornada compartiendo experiencias y habilidades. <a href=\"https:\/\/t.co\/0PDR8xUCTK\">pic.twitter.com\/0PDR8xUCTK<\/a><\/p>\n<p>&mdash; Cryptofacil Exchange (@CryptofacilEX) <a href=\"https:\/\/twitter.com\/CryptofacilEX\/status\/1037338630665191424?ref_src=twsrc%5Etfw\">September 5, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Most recently, Bittrex entered the Canadian market through a partnership with CatalX, as previously reported by <a href=\"https:\/\/cryptoslate.com\/bittrex-enters-the-canadian-crypto-market-with-catalx-deal\/\">CryptoSlate<\/a>.<\/p>\n<h2>Congress Eyes Regulation<\/h2>\n<p>Though Bittrex continues to be a pioneer in security measures for crypto-trading, it remains unregulated by the government. But as interest in the industry filters into business infrastructures, Congress continues to pay attention.<\/p>\n<figure id=\"attachment_77005\" aria-describedby=\"caption-attachment-77005\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-77005\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/08\/us-congressman-crypto-leaders-capitol-hill-social-300x158.jpg\" alt=\"\" width=\"300\" height=\"158\" \/><figcaption id=\"caption-attachment-77005\" class=\"wp-caption-text\">Related:\u00a0<a href=\"https:\/\/cryptoslate.com\/us-congressman-to-submit-ico-bill-invites-crypto-leaders-to-capitol-hill\/\">US Congressman to Submit ICO Bill, Invites Crypto Leaders to Capitol Hill<\/a><\/figcaption><\/figure>\n<p>As reported last month, a variety of crypto-exchanges in the U.S. have been optioned for legislation, and declaring regulated legal status to cryptocurrencies may revolutionize the blooming market and send the blockchain factory into overdrive.<\/p>\n<p>Financial technology hasn\u2019t caused a ruckus like this since the credit card\u2019s magnetic strip made Forrest Corry Parry an engineering hero. It\u2019s fair to consider the currency evolution on track for a crypto upgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seattle-based Bittrex\u2019s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil, a fintech company facilitating clients in Latin America and the Caribbean. Uruguay&#8217;s Future in Crypto By marrying Uruguay-based Cryptofacil\u2019s marketing strategy for Latin American customers with Bittrex&#8217;s trading platform technology, cryptocurrencies are able to increase their global footprint; [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,39],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay<\/title>\n<meta name=\"description\" content=\"Seattle-based Bittrex\u2019s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay\" \/>\n<meta property=\"og:description\" content=\"Seattle-based Bittrex\u2019s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-06T17:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T06:03:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trevor Ballanger\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trevor Ballanger\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bittrex-to-power-cryptofacil-digital-asset-platform-in-uruguay\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/trevor-ballanger\/#person\",\"name\":\"Trevor Ballanger\",\"url\":\"https:\/\/cryptoslate.com\/author\/trevor-ballanger\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/trevor-ballanger\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/trevor-ballanger\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/08\/author-trezor-ballange.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/08\/author-trezor-ballange.jpg\",\"caption\":\"Trevor Ballanger\"},\"description\":\"Trevor Ballanger is a freelance journalist based in Chicago. 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