UPDATE: Binance files for Brazil crypto license and delists 22 tokens
CIE News ·
Update to Binance restricts eight services in Brazil to meet central bank directives
Based on reporting by Cointelegraph; not yet independently confirmed.
Binance has submitted a Brazil crypto license application via local entity BBrasil while delisting 22 tokens for domestic users, following earlier service curbs under Central Bank directives.
Binance has filed for a crypto license in Brazil through its local entity BBrasil and is delisting 22 crypto assets for domestic users, Cointelegraph and financefeeds.com reported. The moves follow an operational overhaul initiated on October 27, 2026, when Binance suspended eight services, including Margin Trading and Binance Loans, to comply with Central Bank of Brazil rules. Binance stated that the license application aims to safeguard access to stablecoin trading, payments, and investments. The exchange is currently in discussions with the central bank to restore certain services, while eligible Brazilian accounts are scheduled to migrate to a registered local entity by October 29, 2026.
Key facts
- License application filed
- 22 tokens delisted in Brazil
- 8 services suspended
- Account migration by Oct 29, 2026
Read the original at Cointelegraph