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CloudWalk becomes first crypto firm to become a licensed payments firm in Brazil

Nishit Jogi by Nishit Jogi
November 4, 2022
in News
Reading Time: 1 min read
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Home » News » CloudWalk becomes first crypto firm to become a licensed payments firm in Brazil

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CloudWalk, a Brazilian payments company, has become the first crypto firm to be authorised as a payments institution by the Central Bank of Brazil. CloudWalk will be able to offer credit cards to users and payment accounts to businesses thanks to the licence. Furthermore, the company will be the first to connect directly with Pix, the Brazilian government’s payment system with 126 million users.

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