Binance Becomes First Licensed Crypto Broker-Dealer in Brazil WEB3by Soumen DattaJanuary 3, 2025The acquisition of Sim;paul, a São Paulo-based licensed broker, enables Binance to distribute securities and issue electronic money while fully complying with local regulations.Binance, the world’s largest cryptocurrency exchange by trading volume, achieved a major milestone by securing a broker-dealer license in Brazil. This approval, granted by Banco Central do Brasil, the country’s central bank, positions Binance as the…
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