Circle integrates USDC with national payment systems of Brazil, Mexico

USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.

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Circle integrates USDC in Brazil and Mexico via national payment systems

Circle has enabled support for local bank transfers for USD Coin (USDC) in Brazil and Mexico through their national payment systems, PIX and SPEI, respectively, according to a Sept. 17 press release.

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Circle expands USDC payment capabilities to Brazil and Mexico, eyeing US IPO

Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos. This move, announced on September 17, aims to streamline transactions by eliminating the need for currency conversion to US dollars, thus enhancing the flexibility and accessibility of USDC for […]

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Circle enables USDC transfers in Brazil and Mexico

Circle announces support for USDC in Brazil and Mexico. The company has integrated local payment systems PIX and SPEI to enable local bank transfers with USDC. Stablecoin issuer Circle has announced that its USDC is now available in Brazil and Mexico, with users in the two countries now able to access the stablecoin via local […] The post Circle enables USDC transfers in Brazil and Mexico appeared first on CoinJournal.

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Circle introduces USDC in Brazil and Mexico via local payment systems

Circle's USDC integration in Brazil and Mexico could significantly enhance financial inclusion and streamline cross-border transactions in Latin America. The post Circle introduces USDC in Brazil and Mexico via local payment systems appeared first on Crypto Briefing.

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Brazil lifts freeze on Starlink, X accounts after $3M fine payment

The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country. 

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Elon Musk Teases Dogecoin as Payment Option on X After Brazil’s Platform Restrictions

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The Bitcoin Company Launches Instant Cross-Border Payment API For Mexico and Brazil

The company also plans to extend their cross-border payments service into more new markets in the near future.

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BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works

The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system.

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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said.

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Ripple’s XRP Making Inroads for Cross-Border Payments Between Japan and Brazil

Major banks in Japan and Brazil are collaborating to develop a new cross-border payment service using Ripple’s XRP cryptocurrency, reports Edo Farina. MUFG Bank, Japan’s largest bank, has signed a partnership agreement with Banco Bradesco, Brazil’s second largest bank, to create a payment channel between the two countries powered by Ripple’s blockchain technology.

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Binance Pay Launches In Brazil, Enabling Merchants To Accept Crypto Payments

Binance has achieved an impressive milestone in its expansion plans as the crypto exchange has launched its payment service, Binance Pay, in Brazil. With Binance Pay, merchants in Brazil can now accept cryptocurrency payments, offering customers low fees.

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Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report

As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country.

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Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

The company plans to offer financial services that combine the potential of crypto with traditional financial services.

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Bank of Brazil Includes 14 Participants in Its CBDC Pilot

Coinspeaker Bank of Brazil Includes 14 Participants in Its CBDC Pilot The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions.

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Binance provider in Brazil gets payment institution approval

Binance’s partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil.

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Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network

The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”

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Coinbase Enters The Brazilian Market Partnering With Pix Payment App

The San Francisco-based cryptocurrency exchange, Coinbase, has partnered with Pix, Brazil’s leading electronic payment system. This move has, in turn, expanded the exchange services to the South American country.

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Central Bank of Brazil announces experimental CBDC

Reuters said the Brazilian central bank has formally launched its CBDC experiment. The bank has specifically announced the beginning of its digital currency pilot project to imitate the success displayed by the rapid payment system, Pix. According to Fabio Araujo,…

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Brazil’s oldest bank form partnership with a crypto platform for easy tax filing

Banco do Brasil, the oldest bank in Brazil, is creating a tax payment solution for citizens holding digital assets in Bitfy.

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Brazil legalizes crypto as payment option

Brazil approves bitcoin and other cryptocurrencies as means of payment and prepares the ground for licensing crypto companies. According to the Brazilian federal government’s official journal, Brazilian president Jair Bolsonaro approved a bill into law on Dec. 23. President Bolsonaro…

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Brazilian president signs crypto bill into law

The law includes many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.

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Brazilian President Signs Bill Regulating Use Of Bitcoin As Payment

Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment.

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Decoding Crypto.com’s new Brazilian license and CRO's growth prospects

Crypto. com secured a new payment institution permit from Brazil. The holders of its native token, CRO, saw more losses. Crypto. com moved closer to strengthening its position in Latin AmericaThe post Decoding Crypto.

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Crypto.com Receives License as a Payment Institution in Brazil

The company is the first crypto exchange to become a licensed payments institution in the South American country.

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Top tokens that can be used as payment methods

Bitcoin (BTC/USD), Solana (SOL/USD), and Cardano (ADA/USD) are all cryptocurrencies that can be used for daily payments.   The Chamber of Deputies of Brazil, a federal legislative body, has successfully passed a regulatory framework to legalize the usage of cryptocurrencies as a payment method in the country.

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Brazil approves cryptocurrency bill recognizing Bitcoin as a payment method

Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. The post Brazil approves cryptocurrency bill recognizing Bitcoin as a payment method appeared first on CryptoSlate.

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Brazil passes law to legalize crypto as a payment method

The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted.

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Brazil Approves Bill Regulating Use Of Bitcoin As Payment

Brazilian lawmakers have approved a complete regulatory framework for crypto, regulating the use of bitcoin as payment.

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Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil

The company has integrated with the government’s payment system Pix and begun allowing crypto purchases with Brazilian reals.

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HashCash to Offer White-Label Crypto Payment Solutions to a Brazilian Startup

HashCash has introduced its proprietary payment processor to Brazil amid the rising adoption of crypto payment.

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Digital Wallet Provider MetaMask Allows Crypto Purchases With Brazilian Reals

MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users.

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Ripple partners with Travelex to launch enterprise crypto payment service in Brazil

The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions.

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PicPay Has Launched A Crypto Exchange In Collaboration With Paxos

Brazil’s prominent payment app PicPay has decided to venture into the world of cryptocurrencies by teaming up with crypto exchange Paxos. With this integration Paxos will be facilitating users to buy Bitcoin and Ethereum.

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Brazil payment app PicPay launches new crypto exchange service with Paxos technology

PicPay, a Brazil-based payment app, has announced will now allow its users to buy, sell and hold cryptocurrencies, in its first foray into the crypto market. Today, PicPay launches its cryptocurrency exchange service, which initially supports trading of Bitcoin and Ethereum, as well as USDP.

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Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy

The suspension applies to transfers made via the government's payment system Pix.

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Mastercard, Mercado Libre to collaborate on bolstering crypto security in Brazil

Payment technology company Mastercard has teamed up with the Latin American (LATAM) e-commerce firm Mercado Libre to improve the security and transparency of its crypto program in Brazil using Mastercard’s CipherTrace technology.

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Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil

The company will seek to strengthen its presence in the Latin American country and comply with local regulations, according to Changpeng “CZ” Zhao.

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MercadoLibre plans to accept BTC and cryptocurrencies as payment for all products

The Latin American e-commerce platform selected Brazil to kick-off crypto payments via its MercadoPago application.

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Visa Brazil allegedly aims to integrate Bitcoin (BTC) payments

Bitcoin might soon be coming to Brazil, according to Brazillian news outlet, Seu Dinheiro. The news outlet interviewed Eduardo Abreu, the VP of new business at Visa, the world-renowned payment giant.

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Brazil Needs to ‘Pay Attention’ to Crypto and ‘Reshape the World of Regulation’ says Central Bank President

Roberto Campos Neto, the president of Brazil’s central bank, said local regulations need to pay attention to the investors' need for cryptocurrencies. According to him, they are here to stay alongside instant payment solutions.

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COINQVEST teams with nTokens to bring crypto payment processing to Brazil

COINQVEST, an enterprise cryptocurrency payment gateway and API, today announced its collaboration with Brazilian digital currency provider nTokens to offer its cryptocurrency processing platform to businesses and markets in Brazil.

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Brazil Fast Tracks CBDC Launch; Central Bank President Calls for Roll Out In Next Two Years

Speaking at a Bloomberg-sponsored event, Roberto Campos Neto, president of the Banco Central, praised digital currency payment systems as the future of financial systems claiming the country is in the pipeline of launching their CBDC in the coming two years.

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WhatsApp Payments Ban in Brazil Reiterates the Necessity for Crypto-Globalization

Facebook has been on a mission to diversify its social media platforms by either independently integrating payment features or merging its applications to enable financial transactions amongst users on both platforms.

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Brazil’s Central Bank Officially Bans WhatsApp Payments

Being able to choose one’s favorite payment method should be a breeze in this modern day and age. If the central bank of Brazil has a say in the matter, choices will remain limited forever.

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Brazil Central Bank pulls the plug on Whatsapp’s mobile payments Service

The Central Bank in Brazil has suspended the WhatApp payment service by Facebook a week after its launch. According to reports, the Central Bank has ordered Visa and Mastercard to stop payments and transfer services through WhatsApp immediately.

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Brazil suspends WhatsApp’s payment feature just a month after its launch

Brazil’s central bank has directed Visa and Mastercard to suspend payments through WhatsApp, threatening... The post Brazil suspends WhatsApp’s payment feature just a month after its launch appeared first on Coin Journal.

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Is Ripple in talks with Brazil’s Central Bank on the possible adoption of its payment network?

Ripple’s senior staff led by its CEO Brad Garlinghouse has reportedly met with the Central bank of Brazil to discuss “institutional matters”. The meeting which was held online brought together senior executives of the central bank and the Ripple team in a mind rubbing discussion which lasted several hours. Although no much details have been […]

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Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure

When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce

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