Most of those features are not functional at launch, CoinDesk found. The widget is only accessible on Brave’s “Nightly” developer-stage browser, and as of Wednesday afternoon it is limited to booting up purchase orders through the Binance Fiat Gateway. Brave said a wider release is expected in April.
Privacy-focused browser Brave Software is hoping to facilitate in-browser cryptocurrency trading, though it’s not quite ready yet.
Brave announced Tuesday it was partnering with Binance to develop an in-browser crypto trading tool which will ultimately let users deposit, swap, purchase and trade crypto right from Brave Browser’s launch and new tab windows. There, a natively-integrated crypto widget executes actions via Binance and Binance.US, depending on the user’s country.
Brave’s CEO Brendan Eich declined to disclose the terms of the deal.
“Adding a widget that seamlessly helps users acquire and trade crypto is a natural evolution of our features”, Eich told CoinDesk. He said the “crypto-savvy” user base has been “clamoring” for a trade function to go along with Brave’s existing ethereum wallet.
Brave is working on mobile wallets and plans to expand it to other blockchains, he said.
Brave has been courting the crypto community for much of its existence as a privacy-centric alternative to other, more popular browser services. In 2017, it ran a $35 million ICO for its ERC-20 “Basic Attention Tokens”, now the backbone for the Brave Rewards ad views compensation system.
The addition of a trading tool puts Brave more squarely in the race with other crypto-focused browsers, like Opera, which holds over 2 percent market share according to statcounter (Brave’s privacy functions make it difficult to measure its slice of the pie).
Brazil’s Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies
A new payments system is coming to Brazil later this year promising almost instant transfers.Called PIX, the project from the country’s central bank will provide 24/7 payments in up to 10 seconds via mobile apps, internet banking and ATMs, according to reports from Reuters and local crypto news site Livecoins on Wednesday.
Slated for launch on Nov. 10, 2020, PIX is aimed to speed up and reduce the costs of fiat transfers between individuals and businesses.
At a launch event for the planned system on Wednesday, Central Bank of Brazil President Roberto Campos Neto said that PIX is being developed as a response to new digital payments methods such as cryptocurrencies.
“Pix came from a need for people to have a payment instrument that is both cheap, fast, transparent and secure”, Campos Neto said, according to Livecoins. «If we think about what has happened in terms of the creation of bitcoins, cryptocurrencies and other encrypted assets, it comes from the need to have an instrument with such characteristics.»
PIX will help cut costs by reducing the need for physical money, which the central bank chief said «generates a great cost for society.»
At the launch, Joao Manoel Pinho de Mello, director of the central bank’s Financial System and Resolution Organization, said PIX should be made available by banks to all market participants, payment institutions and other entities.
Mello explained that transactions using the system could be carried out by various methods, including QR codes or address keys – much like with cryptocurrency wallets and payments systems – or mobile numbers. Neither report indicates what technology PIX is being built with.
Among the possibilities cited at the event, PIX could be used to send funds to others, buy a cup of coffee, shop at online stores or pay a utility bill.
«The idea is to make it as easy as chatting in a chat,» Mello said, as cited in the Livecoin report.
