Binance stopped real-based direct deposits and withdrawals in Brazil this week as a result of a change in its secondary payments provider.
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 adapt to provide the new KYC information required by Brazil’s central bank.
that it was making the necessary changes to fix this problem in the future to keep offering these services to its customers in Brazil. In a blog post explaining the situation, Binance stated:[Binance] will promote a smooth transition in the coming weeks and that it is taking all necessary steps, including legal related to Capitual, to ensure that users are not adversely affected by the change.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy.binance suspended deposits and withdrawals in Brazilian reals through the government's payment system Pix, citing policy changes made by the local central bank, BancoCentralBR. oalvespaulo reports for CoinDeskBrasil
Read more »
Binance says it is changing Brazil payments partner for better customer solutionBinance says it is changing Brazil payments partner for better customer solution By michael40712627
Read more »
Brazil police: Remains found those of British journalistFederal police say that some of the human remains found deep in Brazil’s Amazon have been identified as belonging to British journalist Dom Phillips.
Read more »
South Korea's Innospace to launch rocket from Brazil in DecemberSouth Korean aerospace and defense company Innospace will be the first private business to send up a rocket from the Alcantara launch center in northern Brazil in December, Brazilian Space Agency President Carlos Moura told Reuters on Friday.
Read more »
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment – Regulation Bitcoin NewsThis crypto bill, which was presented by Federal Deputy Paulo Martins, proposes to make cryptocurrency supported as a means of payment by changing existing laws, including the civil procedure code.
Read more »