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 ...
Key Highlights Brazil’s Central Bank expands mandatory reporting for crypto transfers above $10,000 across self-custody wallets, effective October 1, 2025. A 24-hour mandatory delay for all crypto transfers will take effect January 2027, designed as an anti-fraud and anti-money laundering buffer. The regulations align with global Financial Action Task Force (FATF) Travel Rule standards, joining ...