Binance Seeks Brazil Crypto License as It Delists 22 Tokens
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9 Articles
Binance, the largest platform for cryptocurrencies and digital assets, signed on Friday (23), with the Central Bank, an application for a license to operate in Brazil as a Virtual Assets Services Provider (SPSAV). With the request, Binance may continue to offer the Brazilian public access to various virtual assets, purchase and sale of stablecoins, payments and other financial services, including investments. The request to BC was sent through t…
Binance submitted its VASP license application to the Central Bank of Brazil on October 23rd. Prior to the October 30th deadline, 8 services were restricted, 22 tokens were deleted, and new organizational and banking plans were announced.
Binance applies for Brazil crypto license, delists 22 assets ahead of deadline
🚨 Binance applies for Brazil crypto license as 22 tokens face delisting. 🇧🇷 Exchanges must secure approval by October 30 to continue operations in Brazil. 📈 Strict new rules reshape the $BTC market and investor trends across Latin America. Continue Reading:Binance applies for Brazil crypto license, delists 22 assets ahead of deadline
Binance requests the Central Bank license to act with cryptoactives in Brazil and withdraws 22 assets from the local listing before the regulatory deadline
Binance submitted an application to the Central Bank of Brazil to operate as a crypto-active service provider, while applying restrictions on eight services and withdrawing 22 assets from its offer in the country since October 27. The procedure comes before the regulatory deadline of October 30, but does not amount to approval.
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