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BTCC / BTCC Square / Global Cryptocurrency /
Binance Acquires Licensed Broker-Dealer in Brazil

Binance Acquires Licensed Broker-Dealer in Brazil

Author:
Global Cryptocurrency
Published:
2025-01-03 16:00:02
13
2
Binance, the world's largest cryptocurrency exchange by volume, announced on January 2, 2025, that it has received approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer operating in Latin America. This acquisition allows Binance to operate as a locally licensed broker-dealer in Brazil, paving the way for broader crypto service availability across the region. This achievement marks Binance's 21st global regulatory milestone, underscoring its dedication to compliance and regulatory excellence.

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