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Binance Integrates With Brazilian National Payments System Using Pix


Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance...

Brazil's Central Bank Pix Joins Ramp Network's Payment Solutions


Crypto startup Ramp Network has integrated Pix, a payment method offered by the Central Bank of Brazil. The integration of Pix is expected to significantly ease onboarding to crypto for both individuals and businesses in Brazil, given the widespread use of the payment method in the country. The...

Coinbase expands in the Brazilian market with Pix and Ebanx


Coinbase has announced that it is expanding its presence in Brazil by integrating Pix and partnering with Ebanx. Coinbase already exists in Brazil, with several initiatives launched in the past. The development helps the venture better accomplish its mission of making the crypto economy accessible...

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...

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...

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