Binance files for Brazil crypto license ahead of October 30 deadline

The exchange submitted its application through local entity BBrasil while cutting 22 tokens and eight products for Brazilian users Binance has formally applied for a license to keep operating in Brazil. It filed a week before the central bank’s cutoff, which is tight but still on time. The exchange submitted its application on October 23 through a local entity called BBrasil. The deadline falls on Friday, October 30. Operators that file by then can keep running under a transitional arrangement while regulators review their paperwork. There’s a catch. The filing comes alongside a noticeably smaller menu for Brazilian customers.