Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows

Coinbase has introduced decentralized exchange (DEX) trading to its users in Brazil, allowing them access to a much broader pool of tokens, potentially millions, directly within the Coinbase app. This move aligns with Coinbase's goal to become an "everything app" by integrating services like trading Base-native tokens immediately upon minting, routing trades through platforms such as Uniswap and Aerodrome, and allowing management via a built-in self-custody wallet without direct user interaction with unfamiliar protocols or payment of network fees. The launch follows the Brazilian central bank's imposition of new regulations requiring crypto firms to obtain licenses, report international transactions, and meet capital thresholds, giving companies nine months to comply. While Coinbase's DEX feature is non-custodial, the bank's rules also cover self-custody wallets used for international transfers, which now require monthly reporting.

(Source：CoinDesk)