Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n
Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n
Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> HSBC\u2019s UK Branch Acquires SVB\u2019s UK Branch For A \u00a31<\/a><\/p>\n","post_title":"Silicon Valley Bank Deposits and Loans Bought by First-Citizens Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"silicon-valley-bank-deposits-and-loans-bought-by-first-citizens-bank","to_ping":"","pinged":"","post_modified":"2023-04-10 16:52:49","post_modified_gmt":"2023-04-10 06:52:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10634","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10607,"post_author":"13","post_date":"2023-03-26 21:53:11","post_date_gmt":"2023-03-26 10:53:11","post_content":"\n Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u2018\u2018Larger companies relying on venture debt are in a lot of trouble right now. Unless things turn around quickly, we are going to see a lot of high-value start-ups going out of business.\u2019\u2019<\/em><\/p>\n\n\n\n See Related:<\/em><\/strong> HSBC\u2019s UK Branch Acquires SVB\u2019s UK Branch For A \u00a31<\/a><\/p>\n","post_title":"Silicon Valley Bank Deposits and Loans Bought by First-Citizens Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"silicon-valley-bank-deposits-and-loans-bought-by-first-citizens-bank","to_ping":"","pinged":"","post_modified":"2023-04-10 16:52:49","post_modified_gmt":"2023-04-10 06:52:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10634","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10607,"post_author":"13","post_date":"2023-03-26 21:53:11","post_date_gmt":"2023-03-26 10:53:11","post_content":"\n Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
But in California, the collapse of SVB, which serviced a tenth of venture debts issued last year in the US, has brought devastation to the start-up community, according to coverage<\/a> by the Financial Times. Most start-ups relying on venture debt could be wiped out, says Alessandro Chesser, CEO of Dynasty.<\/p>\n\n\n\n \u2018\u2018Larger companies relying on venture debt are in a lot of trouble right now. Unless things turn around quickly, we are going to see a lot of high-value start-ups going out of business.\u2019\u2019<\/em><\/p>\n\n\n\n See Related:<\/em><\/strong> HSBC\u2019s UK Branch Acquires SVB\u2019s UK Branch For A \u00a31<\/a><\/p>\n","post_title":"Silicon Valley Bank Deposits and Loans Bought by First-Citizens Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"silicon-valley-bank-deposits-and-loans-bought-by-first-citizens-bank","to_ping":"","pinged":"","post_modified":"2023-04-10 16:52:49","post_modified_gmt":"2023-04-10 06:52:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10634","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10607,"post_author":"13","post_date":"2023-03-26 21:53:11","post_date_gmt":"2023-03-26 10:53:11","post_content":"\n Deutsche WertpapierService Bank AG (dwpbank) is connecting the traditional securities market with the digital asset space through a new platform that could see more than 1,200 affiliated banks and savings banks sell bitcoin. <\/p>\n\n\n\n Dubbed wpNex, the digital services platform would be integrated into customers\u2019 online banking accounts - allowing for the management of their crypto holdings \u2013 with no additional KYC requirements. According to the press release<\/a>, more cryptocurrencies and other digital asset services would also be added to wpNex once fully deployed in the second half of the year. <\/p>\n\n\n\n Dwpbank stressed the importance of digital assets in the future, with a strong emphasis on bitcoin, the top crypto by market capitalization.<\/p>\n\n\n\n \u2018\u2018Regardless of how individual cryptocurrencies develop: digitized values will become increasingly important. That is why we are expanding our range of services in this area and aligning our portfolio more closely to the future opportunities available here,\u2019\u2019 <\/em>says dwpbank\u2019s CEO Heiko Beck, adding that bitcoin specifically provided the best pilot for the project.<\/p>\n\n\n\n MLP Banking AG was the first dwpbank\u2019s affiliate to complete a bitcoin transaction using the new platform. The bank reportedly purchased bitcoin shares booked to a client\u2019s account operated by dwpbank and directly linked to the corresponding cash account - to allow orders denominated in euros to be filled instantly without transfers to separate payments accounts.<\/p>\n\n\n\n Dwpbank\u2019s offering is expected to push cryptos into mainstream adoption, according to industry experts, considering the importance of the company in the financial sector. Germany is currently considered one of the most crypto-friendly jurisdictions with favorable regulations and a fair tax regime for digital assets. Most recently, the country\u2019s second-largest bank by assets, DZ Bank, added cryptos to its asset management division.<\/p>\n","post_title":"More Than 1,200 German Banks To Offer Bitcoin Trading Through dwpbank\u2019s New Platform","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"more-than-1200-german-banks-to-offer-bitcoin-trading-through-dwpbanks-new-platform","to_ping":"","pinged":"","post_modified":"2023-04-10 17:13:56","post_modified_gmt":"2023-04-10 07:13:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10607","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10541,"post_author":"13","post_date":"2023-03-23 00:26:56","post_date_gmt":"2023-03-22 13:26:56","post_content":"\n Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by the country\u2019s central bank, and payment service provider Ebanx.<\/p>\n\n\n\n Pix integration, enabled through the Ebanx partnership, would allow customers in the Latin American nation to deposit and withdraw funds from Coinbase accounts using the Brazilian Real, according to a March 21 announcement<\/a>, which added that the step was part of a more extensive international expansion. Pix has more than 140 million users.<\/p>\n\n\n\n Coinbase\u2019s Vice President of International and Business Development Nana Murugesan said<\/a>: \u2018\u2018Excited to announce Coinbase expansion in Brazil today! We are integrating with the Central Bank of Brazil\u2019s Pix for seamless transactions, offering a fully-localized app and 24\/7 support. We are also building for Brazil from our tech hub in Brazil.\u2019\u2019<\/em><\/p>\n\n\n\n Further, Murugesan said in the press release that the Coinbase app would be available to the locals in Portuguese with a round-the-clock support.<\/p>\n\n\n\n Coinbase users in Brazil can buy cryptocurrencies using debit or credit cards. The exchange established a technology hub in the country in 2019, hiring 40 full-time engineers and a country director.<\/p>\n\n\n\n Most recently, the publicly-listed crypto exchange engaged its institutional clients about plans to create a new crypto trading platform overseas, following a broader crackdown on digital assets in the US which saw two crypto banks, Silicon Valley Bank and Signature, closed by the authorities. Although the exchange is yet to disclose the destination abroad, Europe could be one of them.<\/p>\n\n\n\n Coinbase specifically cited the steps by the UK government to support digital assets that: \u2018\u2018We want this country to be a global hub \u2013 the very best place in the world to start and scale crypto companies,\u2019\u2019<\/em> a statement<\/a> made in April last year by the former Economic Secretary to the HM Treasury.<\/p>\n","post_title":"Coinbase Integrates Brazilian Central Bank\u2019s Pix For Crypto Purchases With Brazilian Real","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinbase-integrates-brazilian-central-banks-pix-for-crypto-purchases-with-brazilian-real","to_ping":"","pinged":"","post_modified":"2023-04-10 17:15:10","post_modified_gmt":"2023-04-10 07:15:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10541","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
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MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
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MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
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MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n
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MLP SE Becomes The First To Participate In The wpNex Pilot<\/h2>\n\n\n\n
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Debit And Credit Card Crypto Purchase Options<\/h2>\n\n\n\n