Binance Acquires Licensed Broker-Dealer in Brazil

Binance, recognized as the world’s largest cryptocurrency exchange by volume, announced on January 2, 2025, its approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer operating in Latin America. This allows Binance to operate as a locally licensed broker-dealer in Brazil, paving the way for broader crypto service availability across the region. #Binance reaches 21st global regulatory milestone after the Central Bank of Brazil approved the acquisition of a licensed broker-dealer…   

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