Key Highlights: Binance is delisting 22 tokens in Brazil and winding down leverage, lending, and yield products to adhere to domestic regulations. Brazilian users are being transitioned to two locally regulated entities, with spot crypto custody managed offshore by Abu Dhabi-based Nest Clearing and Custody Ltd. The migration brings Brazilian crypto trading under the domestic ...
Key Highlights: Brazil’s CVM is preparing a major modernization effort backed by a Supreme Court ruling permitting the regulator to retain 70% of inspection fee revenues to onboard 1,200 employees. Regulators are testing three distributed ledger technologies (DLTs) to enable native digital assets, smart contract-level anti-money laundering (AML) controls, and $20 minimum investments in money ...
Key Highlights: A multi-day wedding celebration spanned three days of festivities. The itinerary featured a dedicated blessing held at Rio de Janeiro’s world-famous Christ the Redeemer statue. The high-profile event highlighted iconic landmark settings for destination nuptials. A Three-Day Nuptial Celebration A lavish three-day wedding celebration concluded after a series of extraordinary events, marking a ...
Key Highlights: Binance will halt eight services—including margin trading, loans, and Launchpool—and delist 22 tokens for Brazilian residents starting October 27. Eligible Brazilian users are transitioning to local regulated entities, utilizing Binance Brasil Corretora de Câmbio e Valores Mobiliários SA for fiat transactions by October 29. New regulatory requirements enforced by the Central Bank of ...
Key Highlights Binance has implemented reporting rules and transaction caps for non-resident cross-border crypto transfers to comply with Brazil’s foreign exchange framework. Users must declare transaction purposes, verify counterparty identities, and adhere to a $100,000 per-transaction cap for unauthorized foreign exchange counterparties, extendable to $500,000 upon advance notice. Binance clarified the measures are not part ...