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Coin Edition 2024-08-15 10:00:00

Binance Clears Regulatory Baggage in Brazil and India

The four-year regulatory challenge Binance faced in Brazil seems to end following the crypto exchange’s agreement to pay a 9.6 million reais fine, equivalent to $1.75 million, enacted by the Brazilian Securities and Exchange Commission (CVM). The CVM accused Binance in 2020 of providing derivative products with appropriate registration. Notably, Binance’s agreement to pay a The post Binance Clears Regulatory Baggage in Brazil and India appeared first on Coin Edition .

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