PIX

Auto Added by WPeMatico

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case

by

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 … Read more

Brazil Could Launch Its Defi-Integrated Digital Real in 2024

by

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. … Read more

Binance Suspends Direct Deposits and Withdrawals in Brazil

by

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 … Read more