BITCI TO LAUNCH CRYPTO EXCHANGE IN BRAZIL AND SPAIN

The blockchain technology company and cryptocurrency platform Bitci plans to open crypto exchanges in Brazil this month and in Spain in March, according to Onur Altan Tan, CEO of Bitci. The company also issues fan tokens, a type of cryptocurrency used by some football teams. “We are launching a crypto exchange in Brazil as we have assets in the country. We have fan tokens of Latin American soccer teams such as the Brazilian national team as well as six more teams and the national team of Uruguay,” Tan said in an interview with Reuters. The firm also plans to open a crypto exchange in Turkic republics, India, and Russia this year. The company, which has released 25 fan tokens to the market for Turkish and foreign teams to date, aims to increase the figure to over 50 by the end of the year.