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Latam crypto holders flock to Bitget following Binance, Coinbase suits By Cointelegraph

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© Reuters

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase (NASDAQ:).

As compared to daily averages, new users in the region increased by 43% from June 6 to 9, with Brazil and Argentina leading market share growth, a spokesperson from Bitget told Cointelegraph.

CEX Transparency dashboard. Source: DefiLlama