“Payment Institution” License from Brazil to the Country’s Largest Local Cryptocurrency Exchange

Brazil’s largest cryptocurrency exchange Mercado Bitcoin has received a license from the Central Bank of Brazil to become a payment institution.

According to the news presented by Brazilian local media, Mercado Bitcoin, the country’s largest crypto exchange, Brazilian Central Bank by a payment institution licensed as The company is now electronic money issuer status will continue its activities as a payment institution under

CEO of Mercado Bitcoin Roberto Dagnoni This license granted by the central bank in the statement about the development by important for large-scale operations It was stated that:

Central bank approval is an important step as it allows us to continue our commercial expansion plans to offer an even more complete experience to our customers.

A similar breakthrough from last March from Coinbase had come. In line with the integration between the Central Bank of Brazil and the cryptocurrency exchange Coinbase, users Brazilian Real (BRL) It was declared that he could buy crypto with

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