Its users in select countries can sell coins, including Ethereum, Solana, USDC, and Brave's Basic Attention Token (BAT) for fiat currency. 'After recent events where centralized exchanges mishandled customer funds, it's more important than ever to offer secure and easy-to-manage self-custody,' the company said. According to Decrypt, Brave intends to facilitate crypto self-custody through its new desktop browser powered by crypto on-ramp startup Ramp Network. The privacy-focused web browser Brave has launched a new feature that allows users to purchase cryptocurrency and sell it for fiats, such as the US dollar, euro, and the British pound, without leaving the Brave Wallet.Īfter the collapse of prominent crypto firms like Celsius and FTX, catchphrases like self-custody and 'not your keys, not your coins' have become a rallying cry. Users Of Brave Browser Can Sell Crypto Within Wallets

Musk's remarks regarding the SVB crisis and his earlier interest in creating a payment platform on Twitter have led many to believe that his tweet may be serious. Last year, the billionaire entrepreneur acquired Twitter for $44 billion. Min-Liang Tan, co-founder and CEO of Razer, tweeted, 'I think Twitter should buy SVB and become a digital bank.' 'I'm open to the idea,' Musk replied on Twitter. Open To Buying Silicon Valley Bank: Elon MuskĮlon Musk, CEO of Twitter, has indicated that he is open to acquiring and transforming the Silicon Valley Bank into a digital bank. As a result, USDC/USDT, which tracks Circle's coin versus Tether's, reached a record low at $0.89 on the Kraken exchange at 03:49 UTC on Saturday. USDC, the stablecoin of Circle Internet Financials, de-pegged from its intended $1 price, a harrowing development for a product designed to store investor money safely.

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