ChainCatcher news, Binance has announced the launch of its crypto payment service Binance Pay in Brazil.It is reported that Latam Gateway is Binance's payment service provider in Brazil. Binance Pay is a service provided in collaboration with payment institutions officially licensed by the Central Bank of Brazil, which are ultimately responsible for processing payment activities.

ChainCatcher news, Binance partner Latam Gateway has obtained a license to operate as a payment institution and electronic money issuer in Brazil.Latam Gateway helps foreign companies operate in Brazil by providing channels for deposits and withdrawals in Brazilian reais. According to its company website, Binance is the only cryptocurrency client in the country. Other relevant clients include gaming-related companies such as Codashop, Moedaz, and Game Hollywood. (source link)