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Latam crypto holders flock to Bitget following Binance, Coinbase suits

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

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

Centralized exchange transparency dashboard. Source: DefiLlama

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