Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app.
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Category: PIX
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Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages and the funds deposited as part of the court decision […]Powered by WPeMatico
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with traditional finance structures and decentralized finance (defi) institutions. […]Powered by WPeMatico
Binance Suspends Direct Deposits and Withdrawals in Brazil
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states that Binance did not […]Powered by WPeMatico
OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system.
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