Binance Secures Brazil’s Broker-Dealer License After Acquiring Local Firm

Binance deepened its presence in Brazil after securing regulatory approval to acquire Sim;paul, a locally licensed broker-dealer. This step represents Binance’s 21st global regulatory authorization amid a growing acceptance of cryptocurrency in Latin America’s largest economy. Broker-Dealer in BrazilWith this approval, Binance is now one of the cryptocurrency exchanges licensed as a broker-dealer in Brazil…