Brazil Eases WhatsApp Ban — But It’s Still Suspended

[Tnoy30]

Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch.
The payments feature of the popular messaging platform WhatsApp remains suspended in Brazil, despite local regulators easing restrictions placed on its owner, Facebook.

On June 24, Brazil’s Administrative Council for Economic Defense, known locally by its Portuguese acronym ‘CADE’ suspended an agreement between Facebook and Brazilian payment firm Cielo to process payments for WhatsApp.

On June 30, it reversed the decision, however WhatsApp payments remain suspended as a result of parallel action taken by Brazil’s central bank.
Read on: https://cointelegraph.com/news/brazil-eases-whatsapp-ban-but-its-still-suspended