Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Binance resumes local currency currency is a medium of exchange that defines value. deposits with Brazilian payment system Pix. Withdrawals should resume “shortly,” said the company, which had suspended that function on June 17.
- Binance restores real deposits through Pix in Brazil
- Reais withdrawals remain suspended, but will resume “soon,” exchange says
- On June 17 the exchange had suspended operations with Pix.
In the last hours, the exchange Binance reinstated deposits in reais through the government’s payment system Pix on the platform a place to buy, sell and store cryptocurrency in Brazil. This happens through the new partnership with Latam Gateway, announced on June 24 after breaking in the world of cryptocurrencies, breaking the forward compatibility of cryptoassets is seen in hard forks of a cryptocurrency. up with the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. bank Capitual, which until then had brokered Pix’s trades for the exchange. Withdrawals remain suspended and are expected to resume “soon,” the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchange said in a note.
Latam Gateway adopts a model similar to that of the former partner Binance using bank accounts hosted by a third party who is licensed by theBanco Central to access the network a network refers to all nodes in the operation of a blockchain at any given moment in time. Pix . While Capitual managed accounts in Access Payment Solutions, Latam Gateway use BS2 Bank, before Bonsucesso, to process transactions in the payment system.
It is worth noting that Pix is a form of electronic payment in Brazil officially launched on October 5, 2020, with full operation on November 16, 2020. It is part of the Instant Payment System (IPS) which was established by communiqué 32.927, dated December 21, 2018 of the Central Bank of Brazil (BACEN).
New association sues former association
On June 17th, the company suspended deposits and withdrawals through Pix after it terminated a partnership with local payment gateway Capitual, who had operated the deposits and withdrawals of Binance by means of Pix from 2020. ReplacingCapitual, Binance now operates with the Brazilian payment platform Latam Gateway which uses bank accounts hosted by BS2, a bank licensed by the Central Bank of Brazil (BC) to access the Pix network.
When he broke off the relationship, Binance said it would take legal action against Capitual, without providing further details, while Capitual declared that he would sue Binance because it had failed to comply with a BC regulation that required the exchange to identify user accounts.
Capital capital is most commonly defined as the large sum of money you would use to invest. and the Bitcoin Pharaoh
According to the newspaper Sheet S.Paulo , a company that had as a partner one of the founders of Capitual allegedly helped to launder money for Glaidson Acácio dos Santos, known in Brazil as the “Glaidson Acácio dos Santos”. Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. Pharaoh”. who is being held for allegedly leading a criminal organization responsible for promoting Ponzi schemes involving cryptocurrencies.
On July 4, the newspaper Economic Value published that the Court of Justice of São Paulo (TJSP) blocked 451.6 million Brazilian reais (USD $84.6 million) from the accounts of Capitual, that would belong to clients of Binance.
In a statement, Binance said that the “Capitual’s actions conflict with its values.” and assured that “ has taken all necessary and appropriate measures in relation to Capitual to protect users and their resources and to ensure that they are not adversely affected by the change”. payment provider.
En marzo de este año, el CEO de Binance, Changpeng Zhao said he was considering buying banks and payment processors in Brazil. . Idea seguramente pospuesta con la crisis actual de las cripto.
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