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Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
source link: https://fintechranking.com/2023/03/21/coinbase-expands-in-brazil-allows-crypto-purchases-with-brazilian-reals/
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Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
U.S.-based crypto exchange Coinbase (COIN) has integrated the Brazilian government’s payment system Pix and started allowing crypto purchases with Brazilian reals, the company said Tuesday.
The tie-in with Pix – which has more than 140 million users – was enabled through a partnership with Ebanx, a Brazilian end-to-end payment processor. In addition to making local currency purchases, customers will also be able to withdraw Brazilian reals.
Read more: ConDesk
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