{
Guilherme Nazar

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Binance secures regulatory license in Brazil to enhance local crypto services
Binance has secured its 21st global license in Brazil by acquiring Sim;paul, a licensed broker-dealer, allowing it to enhance services while adhering to local regulations. This milestone highlights Brazil's growing role in cryptocurrency regulation and Binance's commitment to compliance and innovation. Despite facing legal challenges in various jurisdictions, Binance's strategic expansion continues to position it as a leader in the global digital asset landscape.
FXStreet
AUS BRA ARG IND KAZ Richard Teng Guilherme Nazar Show more
Finance & Economy, Press Release
10:47 03.01.2025
Binance secures regulatory approval in Brazil expanding its global dominance
Binance has secured its 21st regulatory approval from Brazil's central bank to acquire Sim;paul, a licensed broker-dealer, enhancing its presence in Latin America's crypto market. CEO Richard Teng highlighted this milestone as crucial for fostering crypto adoption in Brazil, which ranks 10th in global crypto engagement. The approval follows Binance's recent successes in Argentina, India, Kazakhstan, and Indonesia, reflecting its commitment to compliance and security in expanding its services.
Bitcoin News
IDN BRA ARG IND KAZ Richard Teng Guilherme Nazar Show more
Finance & Economy, Press Release
05:30 03.01.2025
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