Brazilian Market Welcomes Binance As First Licensed Crypto Broker
The world’s largest cryptocurrency exchange secured regulatory authorization from the Brazilian government to buy the country’s licensed broker-dealer Sim;paul, allowing Binance to penetrate the crypto market of the South American nation.
Binance made history after getting a broker-dealer license from Brazilian state authorities, becoming the first cryptocurrency exchange to obtain such license in Brazil.
Binance Secures Landmark Regulatory Approval
The Brazilian government made significant progress in the country’s crypto adoption after it approved a landmark broker-dealer license to the largest crypto exchange by trading volume.
Binance announced in a statement that it successfully got regulatory approval from the…
