Cryptocurrency and Blockchain News From Brazil: Sept. 22-28 in Review

Brazil has seen one other tumultuous week within the cryptocurrency trade because the central financial institution of Brazil desires to make use of blockchain know-how beginning in 2020, the president of Unick Foreign exchange continues to assert they pay clients on time, and the Brazilian Securities Fee investigates the alleged fraudulent actions of extra crypto-related corporations.

Right here is the previous week of crypto and blockchain information in evaluate, as initially reported by Cointelegraph Brasil.

President of Unick Foreign exchange says it pays clients on time 

On Sept. 23, Cointelegraph Brasil reported that president of alleged funding scheme Unick Foreign exchange Leidimar Lopes mentioned that the corporate’s funds are updated, regardless of the complaints of 1000’s of traders who declare that the change is just not honoring their funds. Lopes mentioned:

“We’re paying 1000’s of shoppers daily, every little thing continues to be regular, every little thing is working.”

Nonetheless, regardless of Lopes’s announcement, nothing appears to have modified. Traders nonetheless declare that their funds are blocked and say that the announcement was simply one other excuse from Unick. One investor added:

“They launched the withdrawal however paid nothing. Requesting a withdrawal is simple, it’s troublesome for them to pay.” 

Cointelegraph beforehand reported that a court docket in Rio de Janeiro ordered Unick Foreign exchange to pay $28,500 to a shopper who filed a lawsuit in opposition to the corporate for a delay in platform withdrawals.

Central financial institution of Brazil desires to make use of blockchain know-how beginning in 2020

On Sept. 24 Cointelegraph Brasil reported that the central financial institution of Brazil has determined to maneuver away from its present fee system (Ted and Doc), which it considers gradual and costly. The brand new blockchain-based immediate fee system ought to launch by November 2020.

The central financial institution hopes to attach greater than 120 regulator-registered monetary establishments and guarantee the provision of funds to the ultimate beneficiary in actual time, 24/7. 

Regulator investigates crypto-related corporations for alleged fraud

On Sept. 20 Cointelegraph Brasil reported that the Brazilian Securities Fee (CVM) began investigating the alleged fraudulent actions of A2 Dealer and Kleyton Alves Pinto. CVM said that each entities aren’t registered with the establishment, including:

“They can’t carry out the actions or present the providers […] resembling evaluation, consulting or distribution of securities.”

The CVM can be investigating two extra corporations, Blue Benx and NYC Expertise, on expenses of working monetary pyramids. In response to the Brazilian regulator, these corporations promised their clients massive returns by numerous operations involving Bitcoin (BTC) and different cryptocurrencies.

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