MercadoLibre, the most important Latin American e-commerce platform, recently issued an email to all its users warning that all ads that have some kind of relation with cryptocurrencies are now prohibited.
The portal – which has a significant presence in nearly 20 countries- recently announced that it received $750 million in funding from PayPal. With this contribution, the corporation increases its valuation to about $2 billion.
Colocamos exitosamente más de US$1 billón en el Nasdaq y sumando la inversión de Paypal un total de US$2 billones. Un orgullo para @Mercadolibre y @mercadopago. Un hito p la región y el sector. A seguir democratizando el comercio y el dinero! https://t.co/PaSfGIziXR
— Marcos Galperin (@marcos_galperin) March 13, 2019
We successfully placed more than US$1 billion on the Nasdaq and totaled US$2 billion after Paypal’s investment. A pride for @Mercadolibre and @mercadopago. A milestone for the region and the sector. Let’s continue democratizing trade and money!
Mercadolibre expects to…
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Source: https://thebitcoinnews.com/e-bay-of-latinamerica-mercadolibre-to-ban-crypto-related-ads-after-partnership-with-paypal/
