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Crypto Exchange Mercado Bitcoin Gets Payment Provider License in Brazil

Mercado Bitcoin, a cryptocurrency exchange in Brazil, has received a license from the country's central bank to operate as a payment provider. This will allow the company to launch its fintech service MB Pay, which will offer digital banking solutions to its users using crypto assets. MB Pay will enable users to invest in digital fixed income, stake their crypto, and access other financial transactions.The company is part of 2TM Group, which also owns other digital asset platforms such as Bitrust and Meubank. Brazil has a large and vibrant crypto market, with several other exchanges and platforms operating in the country.

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