Latest news with #PIX
Cision Canada
21 hours ago
- Business
- Cision Canada
KuCoin Resumes BRL Fiat Balance Transactions, Strengthening Commitment to Brazilian Traders
VICTORIA, Seychelles, July 22, 2025 /CNW/ -- KuCoin, a leading global cryptocurrency exchange, proudly announces the resumption of Brazilian Real (BRL) fiat balance transactions for its spot market. This step reinforces KuCoin's dedication to Brazilian traders. Users can now hold BRL in their KuCoin accounts, deposit and withdraw funds via PIX or bank transfers, and trade popular cryptocurrencies like Bitcoin, Ethereum, and Tether directly with BRL. Fully compliant with the Central Bank's Know Your Customer (KYC) requirements, this service ensures a regulated trading environment. This resumption delivers significant benefits for Brazilian traders, positioning KuCoin as a preferred platform in the region. It introduces cost efficiency by enabling direct BRL trading, eliminating currency conversion fees—a key advantage in a market where cryptocurrencies counter economic volatility. The integration of PIX, Brazil's instant payment system, provides fast and convenient deposits and withdrawals, empowering traders to capitalize on market opportunities effortlessly. KuCoin's adherence to the Central Bank's strict KYC processes fosters trust and security. Moreover, BRL support lowers entry barriers for new traders without foreign currency accounts, expanding crypto market participation. To celebrate, KuCoin launched a limited-time promotion: Top-Up Ranking Contest: The top 10 users with highest BRL top-ups share a 2,050 USDT prize pool. Large Purchase Bonus: Receive up to 10 USDT when purchasing crypto with BRL. New User First Purchase Gift: 1 USDT bonus for first crypto buy. New User 0 Fees: Free top-ups and withdrawals for the first month. For the latest details on activity rules, please visit KuCoin's official website. BC Wong, CEO of KuCoin, stated: " Latin America is a vital market for KuCoin, and our commitment remains unwavering. We are dedicated to providing Brazilian traders with an exceptional trading experience. As the first major exchange to support BRL transfers via PIX after Brazil's Central Bank policy updates in 2022, our current resumption of BRL balance transactions further highlights our leadership in innovation and regulatory alignment." Brazil's crypto market ranks ninth globally, with $4.69 billion in net crypto imports in Q1 2024—a 118% increase. Stablecoins lead transactions, signaling a need for stability. The market is expected to generate $2.8 billion in revenue by 2025, fueled by rising adoption and a favorable regulatory landscape. KuCoin's BRL fiat balance transactions streamline fiat-to-crypto conversions, cutting costs and complexity through PIX. Compliance with upcoming 2025 stablecoin regulations builds further trust, encouraging mass adoption. With this initiative, KuCoin cements its leadership in Brazil's vibrant crypto ecosystem, shaping the future of finance through innovation and strategic partnerships. About KuCoin Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as "Best Crypto Apps & Exchanges" by Forbes and has been recognized among the "Top 50 Global Unicorns" by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at:
Business Insider
5 days ago
- Business
- Business Insider
Bybit partners with Manteca to scale its offering in Argentina and Brazil
Dubai, UAE, July 18th, 2025, Chainwire With the regional startup's technology, the crypto giant doubles down on Latin America and launches QR and PIX payments through Bybit Pay Bybit, the world's second-largest cryptocurrency exchange by trading volume, and Manteca, a leading financial infrastructure platform for Latin America, announced the launch of a new instant payments service in Argentina and Brazil. The solution will allow Bybit users to make payments via interoperable QR codes in Argentina, enabled by the Central Bank of Argentina's Transferencias 3.0 system, and through PIX in Brazil, using technology provided by Manteca. Thanks to this integration, Bybit Pay users will be able to pay at any store that accepts QR in Argentina or PIX in Brazil, seamlessly using their crypto balance. The conversion to local currency is automatic and happens in real time, enabling fast payments without intermediaries or manual withdrawals. Additionally, Argentina becomes the second market in the world, following the success in Brazil, to offer Bybit's full product suite, including both its card and integrated local payments. Patricio Mesri, Country Manager for Spanish-speaking Latin America at Bybit, said: 'This launch is a direct response to our users' need to use crypto practically in their daily lives. Thanks to this integration with Manteca's infrastructure, we can now offer a much more complete experience: not just investing or saving in crypto, but also paying in real life quickly, simply and securely. It's a key step in building crypto services that are useful, accessible, and tailored to the local market.' Federico Goldberg, CEO of Manteca, added: 'The fact that a company like Bybit chose us for this integration is clear proof that we can build world-class technology in the region. At Manteca, we're building the infrastructure that simplifies crypto payments, and what we're doing with Bybit shows how we can bring that technology to real-world scale, directly impacting thousands of users.' The new service is now available to all Bybit users in Argentina and Brazil and marks a new step toward real integration between the crypto ecosystem and traditional payment systems in the region. #Bybit / #TheCryptoArk / #LATAM About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Bybit
Yahoo
11-07-2025
- Politics
- Yahoo
PIX on Politics Daily: Curtis Sliwa criticizes Adams, says he's aligned with Trump
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino — where we break down the day's political news, top headlines, and the issues that matter most to you through thoughtful, in-depth conversations. Join us every day at 1 p.m. on PIX11+ as we speak with newsmakers, lawmakers, and key figures shaping policies that directly impact our local communities. More Local News On Friday, Dan Mannarino is joined by Republican nominee for New York City mayor, Curtis Sliwa, and New Jersey Senate Majority Leader, Teresa Ruiz. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-07-2025
- Politics
- Yahoo
PIX on Politics Daily: Asian American Trump voters swing to Zohran Mamdani
NEW YORK (PIX11) — Welcome to PIX on Politics Daily with Dan Mannarino — where we break down the day's political news, top headlines, and the issues that matter most to you through thoughtful, in-depth conversations. Join us every day at 1:00 p.m. on PIX11+ as we speak with newsmakers, lawmakers, and key figures shaping policies that directly impact our local communities. More Local News On Thursday, Henry Rosoff is joined by Joe Hong, investigative data reporter for WNYC and Gothamist, to discuss his latest article examining why a notable number of Asian American Trump voters crossed party lines to support Assemblymember Zohran Mamdani in New York City's recent primary election. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Insider
09-07-2025
- Business
- Business Insider
PUM Exchange Adds Fiat On-Ramp for 50+ Countries
In its ongoing mission to make crypto more accessible, PUM Exchange has rolled out a major upgrade: a global fiat on-ramp supporting users in over 50 countries. With this integration, buying digital assets with local currency is now faster, cheaper, and simpler — no third-party wallets or complex transfers required. The update enables users to purchase crypto directly with Visa, Mastercard, Apple Pay, and regional payment rails such as SEPA (EU), UPI (India), PIX (Brazil), and others. Seamless Entry for Everyone, Everywhere Entering the world of digital assets no longer needs to be complex. PUM has partnered with leading payment providers to deliver a seamless, integrated experience directly within the platform. Users can now: Select their local currency Choose a preferred payment method Instantly purchase BTC, ETH, USDT, and other major assets Begin trading within minutes—no external applications required 'Our goal is simple,' said Marie Kwan, Head of Product at PUM. 'If you can shop online, you can now buy crypto. That's the standard we're building toward.' Local Currencies, Global Access The fiat on-ramp now supports a wide range of currencies, including but not limited to: USD, EUR, GBP, CAD JPY, KRW, THB, IDR, VND BRL, MXN, NGN, ZAR, INR More countries and currencies will be added in the coming months as PUM continues expanding its regulatory coverage and localized services. Security and Compliance First PUM's fiat on-ramp is fully KYC-compliant and meets local financial regulations, ensuring secure, responsible onboarding. The platform uses bank-grade encryption, multi-factor authentication, and real-time fraud monitoring to protect all user transactions. 'Onboarding shouldn't come at the expense of security,' noted Kwan. 'With fiat access, we've added speed — not risk.' One Wallet, One Experience All purchases are deposited directly into users' PUM Spot Wallets, meaning funds are instantly available for trading, staking, or transferring. Users can also set up recurring buys for dollar-cost averaging (DCA), or take advantage of PUM's Earn Vaults for passive yield on stablecoins. The Bigger Picture: Real-World Utility PUM's fiat gateway is more than just a feature — it's a key piece of the platform's broader vision to democratize crypto globally. 'We're building toward a world where buying crypto is as normal as sending a text,' said Kwan. 'And that starts with access — real access.' To access the fiat on-ramp, users can sign in to complete account verification, and navigate to the Buy Crypto section within the dashboard. From there, they can select a currency, enter the desired amount, and complete the transaction—all within a few taps. About PUM Exchange PUM Exchange is a next-generation digital asset trading platform focused on user empowerment, accessibility, and innovation. With an expanding suite of tools including fiat integration, creator rewards, DAO governance, and multi-chain support, PUM is redefining the global crypto experience.
