The company plans to offer financial services that combine the potential of cryptocurrencies with traditional financial services.
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, was licensed by the Brazilian central bank as a payment institution on Friday, newspaper Valor Economico reported .
The company is now authorized to operate as a payment institution, as a cryptocurrency issuer.
Roberto Dagnoni, CEO of Mercado Bitcoin, said: “The approval of the central bank is an important step, as it allows us to continue our business expansion plans to provide a premium experience. more complete experience for customers”.Mercado Bitcoin operated
MB Pay , a digital account through which more than four million users can buy cryptocurrency and invest in digital fixed income.
Dagnoni added that the exchange plans to offer financial services that combine the potential of cryptocurrencies with traditional financial services, including crypto payment cards, in the coming months.