The largest Crypto body was affirmed as a payment institution by the country’s Apex bank recently The company has been charged with operating as a payment institution, under the status of an electronic money issuer.
The central bank’s approval is an important step, as it allows us to continue with our business expansion plans to offer an even more complete experience to our customers,” Roberto Dagnoni, CEO of Mercado Bitcoin, reiterated in a statement.
However, The Crypto exchange group already operates MB Pay, a digital account which about four million users can purchase cum invest in digital fixed income and various asset classes.
The CEO mentioned that the exchange plans to give financial services that will encapsulate the potential of crypto with traditional financial services, including a crypto payments card which is planned for the coming months.