Cryptocurrency and Blockchain information from Brazil: September 22-28 in assessment

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Brazil has seen one other tumultuous week within the cryptocurrency business as a result of the central financial institution of Brazil needs to make use of blockchain know-how from 2020, the president of Unick Foreign exchange continues to say that they pay prospects on time and the Brazilian Securities Fee investigates the alleged fraudulent actions of extra crypto-related firms.

Right here is the final week of crypto and blockchain information in assessment, as initially reported by Cointelegraph Brazil.

President of Unick Foreign exchange says it pays prospects on time

On September 23, Cointelegraph Brasil reported that president of alleged funding scheme Unick Foreign exchange Leidimar Lopes stated that the corporate's funds are up-to-date, regardless of the complaints of 1000’s of traders claiming that the inventory market doesn’t honor their funds. Lopes stated:

"We pay 1000’s of shoppers every single day, all the things remains to be regular, all the things works."

Regardless of the announcement of Lopes, nothing appears to have modified. Buyers nonetheless declare that their funds are blocked and say the announcement was simply an excuse from Unick. One investor added:

"They launched the withdrawal however paid nothing. Requesting a withdrawal is simple, it's onerous for them to pay."

Cointelegraph earlier reported {that a} court docket in Rio de Janeiro has ordered Unick Foreign exchange to pay $ 28,500 to a buyer who has filed a lawsuit in opposition to the corporate as a consequence of delays in retracting platforms.

Central Financial institution of Brazil needs to make use of blockchain know-how from 2020

Cointelegraph Brasil on 24 September reported that the central financial institution of Brazil has determined to desert its present fee system (Ted and Doc), which it considers sluggish and costly. The brand new blockchain-based system for instant fee ought to be launched by November 2020.

The central financial institution hopes to attach greater than 120 monetary establishments registered by the regulator and to make sure the provision of assets in actual time, 24/7.

Regulator investigates crypto-related firms for suspected fraud

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

"They can’t carry out the actions or provide the providers, similar to evaluation, recommendation or distribution of securities."

The CVM can also be to investigate two extra firms, Blue Benx and NYC Know-how, on the expense of operational monetary pyramids. In line with the Brazilian regulator, these firms promised their prospects massive returns by means of varied actions involving Bitcoin (BTC) and different cryptocurrencies.

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