The Central Bank of Brazil announced that Binance has become an official exchange for trading cryptocurrencies, stocks, and financial derivatives.

the details

1. Binance acquires Brazilian licensed platform Simpool.

2. Solve all problems with the Brazilian Securities Commission.

3. Immediate readiness for operation.

Consequences

1. Boost confidence in the Brazilian cryptocurrency market.

2. Expanding investment opportunities in cryptocurrencies.

3. Strengthening cooperation between Binance and Brazilian regulatory bodies.

Sources

- Central Bank of Brazil

- Binance platform

- Brazilian Securities Commission

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