Binance Authorized to Sell Securities and Issue Crypto in Brazil

Binance has received approval from the Central Bank of Brazil to acquire Simpaul, a licensed brokerage firm, marking its 21st regulatory milestone globally. This allows Binance to expand its services such as securities distribution and cryptocurrency issuance in Brazil, demonstrating Binance’s strong commitment to complying with anti-money laundering (AML) and counter-terrorism financing (CFT) standards.

The world’s largest cryptocurrency exchange Binance by trading volume has become the first exchange to receive a brokerage license in Brazil – the largest country in Latin America in terms of both population and economic size.#BitcoinHashRateSurge $BTC