Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

By Bitcoin.com - hai 1 ano - Tempo de lectura: 2 minutos

Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize the fiat deposit and withdrawal situation shortly.

Binance Partners With Latam Gateway for Payments Processing

Binance, one of the leading cryptocurrency exchanges by volumes traded, has anunciado unha nova asociación para resolver os problemas que viña enfrontando cos movementos fiat na súa plataforma en Brasil. A bolsa indicou que inscribiu os servizos de Latam Gateway, unha empresa de procesamento de pagos que substituirá ao seu socio anterior, Banco Capitual.

Nunha publicación do blog, a bolsa contou que Latam Gateway é unha empresa de procesamento de pagos en Brasil desde 2019, sendo fundada por directivos con experiencia na materia desde 2014, cando tamén fundaron Boa Compra, outra empresa de procesamento de pagos.

About the importance of the country for the exchange, Binance afirmou:

Brasil é un mercado moi relevante para a empresa e que seguirá investindo e ampliando servizos para os usuarios locais, ademais de contribuír ao desenvolvemento do ecosistema blockchain e criptográfico no país.

para Binance, this is a temporary measure to let its users use its platforms normally, as the exchange is currently in the process of adquirindo Sim;paul, unha empresa regulada polo organismo de control de valores do Brasil.

Malos anteriores

Binance started having problemas con depósitos e retiradas fiduciarias a principios deste mes, cando Capitual, o seu antigo socio de pagos, comezou a implementar medidas de KYC máis fortes, adaptando a súa plataforma para cumprir cos requisitos do Banco Central do país.

Mentres Binance announced that it would be exerting legal actions against Capitual, the payments company rebutted stating that Binance had not adapted its platform to deal with the new requirements coming from the Central Bank of Brazil. According to reports from Capitual, which also lends its processing services to other exchanges in the area, like Kucoin and Huobi, these other companies did adapt their platforms and continue to operate normally.

Binance hopes to coordinate the integration of the services offered by Latin Gateway soon to normalize the status of direct fiat deposits and withdrawals in Brazil, which are still paused at the moment, though customers can still use alternative ways of getting funds in and out of the exchange.

What do you think about the new payments partner presented by Binance in Brazil? Tell us in the comments section below.

Orixe orixinal: Bitcoin.com