Faced with uncertainty about the legality of Binance, the largest cryptocurrency exchange in the world, in Brazil, lawyer Tatiane Praxedes analyzed the terms of use and revealed crucial clues. Although there is no definitive answer, Praxedes highlights Binance's operational distance from Brazilian laws, with conversion operations carried out by local partners.

The legal clauses indicate a connection, but Praxedes argues that it is not enough to consider Binance formally established.

Statements by the General Director of Binance in Brazil reinforce this view, highlighting that the company operates under an international model.

Conclusion: based on the information, Binance cannot be formally considered an exchange in Brazil.

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