Binance, the major crypto exchange, has secured significant regulatory approval in Brazil. The exchange announced that it received authorization from Brazil’s Central Bank to acquire a local licensed broker-dealer. This approval illustrates Binance’s commitment to expanding its global regulatory presence. This achievement marks Binance’s 21st regulatory approval globally, highlighting its ongoing efforts to strengthen its position within international markets.
This announcement underscores Binance's strategy to integrate more deeply into regional markets and enhance its service offerings by aligning with local regulations, reflecting its approach to responsible and compliant growth in the crypto industry.
