I liked Binance so much that I will have to change now. It was part of Brazil. And it is a sign that it will go bankrupt.

Hold on, Brazil! Binance, one of the largest cryptocurrency exchanges on the planet, has just scored a big goal in our territory. With the seal of approval from the Central Bank of Brazil, the crypto giant has obtained its local brokerage license. And the most impressive thing? It is the first exchange in Brazil to obtain this license. Let's dive into this hot news and understand what it means for the world of cryptocurrencies.

So what happened? Binance acquired the Sim;paul exchange, which already had all the credentials from the Central Bank and the Securities and Exchange Commission (CVM). Basically, the exchange not only walked in through the front door, but also took a photo and sat on the couch.