Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up

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Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up
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Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset moving beyond the metaverse, Brazil’s Mercado Bitcoin new fintech license, and more.

Cryptocurrency exchange Mercado Bitcoin wasfrom Brazil’s central bank on June 2. With the license, the company will launch its fintech solution MB Pay. The fintech arm will provide Brazilian users with specific digital banking services using crypto assets held on the exchange, such as digital fixed-income investments, staking and other financial transactions. A debit card offering a crypto off-ramp for users is expected to go live soon.

, the Apple Vision Pro, has turned tech-enthusiast heads in the past few days. The company, however, deliberately labeled its technology the first “spatial computer” to move away from the metaverse concept and differentiate its virtual reality tool from competitors. Apple’s marketing is focused on the words “spatial” and “spatial computing” rather than words such as “metaverse,” “AR,” and “VR.” A clear step away from Microsoft’s Hololens and Meta’s headsets.

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