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Binance Brazil service restrictions stories

Oct 29, 2026

Coinbase files for Brazil crypto license ahead of October 30 regulatory deadline

Coinbase has submitted its application for authorization to operate in Brazil, joining other major crypto exchanges like Binance in meeting the country's October 30, 2026 deadline for virtual asset service providers to obtain regulatory licenses. The company expects to maintain existing services while regulators review its application.

Oct 29, 2026·3 sources
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Top claims

  • ▪Binance applied for a virtual asset service provider license with the Central Bank of Brazil
  • ▪Banks operating in Brazil only need to communicate their intention to become licensed virtual asset service providers because they already comply with stricter institutional standards.
  • ▪Itaú Unibanco offers crypto trading on its platform for several digital assets, including Bitcoin, Ether, and USDC.

Subtopics

Anti-money laundering (AML)1Crypto exchanges1Crypto regulation1Institutional crypto adoption1

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