Binance Expands in Brazil with Central Bank Approval, Becomes First Exchange to Receive Broker License

Binance has achieved a milestone by securing approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer.  This move makes Binance the first crypto exchange to obtain a broker license in Brazil. The development is part of Binance’s strategy to align with regulatory frameworks in key markets while expanding its reach within Latin America. Notably, the acquisition allows Binance to operate as an authorized broker-dealer to distribute…   

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