ICYMI: Binance resumes withdrawals and deposits in Brazilian Reais
The exchange recently switched payment providers in Brazil to connect with the country’s instant payment system, Pix.
cryptocurrency exchange announced it was no longer doing business with Barueri, Brazil-based bank Capitual for payment services in the country.that it had picked Latam Gateway as its new payment provider on June 24.reported that a São Paulo court ordered that $451.6 million Brazilian reais of Capitual’s funds be blocked.A Capitual spokesperson told The Block that the amount relates to the purchase and sale of assets made by Brazilians on the Binance platform.
Meanwhile, Binance reiterated in a July 4 media statement that it is no longer doing business with Capitual.
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