Binance files for Brazil crypto license ahead of Friday deadline
3 outlets · first seen 1d ago · latest 7h ago
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Cointelegraph.com Newsfirst seen
Binance files for Brazil crypto license ahead of Friday deadline
The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.
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The Defiant
Binance Seeks Brazil Crypto License as It Delists 22 Tokens
Lending and margin restrictions take effect Oct. 27, while an on-time application allows existing providers to operate during the central bank's review.…
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Unchained
Binance Shuts Brazilians Out of New Loans and Margin Ahead of a Licensing Deadline
Binance said it has applied to Brazil’s central bank for authorization to keep offering crypto services in the country, as a set of product cuts for Brazilian users it announced earlier this month kicked in on Tuesday. According to a Binance statement, the request went to the central bank on Friday, Oct. 23, under BBrasil Sociedade Prestadora de Serviços de…