Binance has achieved a major milestone by securing its 21st global regulatory approval, this time from Brazil's central bank. This approval allows Binance to operate as a licensed broker-dealer in Brazil, marking a significant step for crypto adoption in Latin America. With this license, Binance is set to acquire São Paulo-based investment platform Sim;paul, enabling it to distribute securities and issue electronic money. Currently, Binance leads the crypto exchange market with a 24-hour trading volume of over $18.2 billion, far surpassing its closest competitor, Bybit. Stay tuned for more updates.