Pix

According to reports, Coinbase stated that it had integrated the Brazilian government’s payment system Pix and started allowing the purchase of cryptocurrency using the Brazilian real. The collaboration with Pix, which has over 140 million users, was achieved through collaboration with Ebanx, a Brazilian end-to-end payment processor. In addition to purchasing in local currency, customers can also withdraw the Brazilian real. Interpretation of this information: The recent announcement by Coinbase, one of the world’s leading cryptocurrency exchanges, of integrating Brazil’s government-operated Pix payment system into its platform is significant for…