Coinbase has introduced decentralized exchange (DEX) trading for users in Brazil, expanding token access from a few hundred to potentially millions without leaving the Coinbase app.
The rollout comes just days after Brazil’s central bank implemented sweeping new rules for crypto firms, including licensing and reporting obligations.
With the update, users can trade Base-native tokens instantly and execute swaps routed through platforms like Uniswap and Aerodrome, all via Coinbase’s built-in self-custody wallet.
Coinbase said malicious or fraudulent assets flagged by trusted third-party vendors will remain inaccessible.
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