UPDATE: Binance files Brazil license via BBrasil and restricts eight services
CIE News ·
Update to UPDATE: Binance files for Brazil crypto license and delists 22 tokens
Based on reporting by crypto.news; not yet independently confirmed.
Binance filed for central bank authorization in Brazil via BBrasil ahead of the October 30 deadline, restricting eight services including margin trading while seeking regulatory approval.
Binance filed an authorization application with the Central Bank of Brazil through local entity BBrasil Sociedade Prestadora de Serviços de Ativos Virtuais Ltda on October 27, 2026, ahead of an October 30 regulatory deadline. Following up on earlier reports of the filing, crypto.news reported that the exchange restricted eight services for Brazilian users, including margin trading, crypto loans, Binance Pool, Cloud Mining, Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0. Thiago Sarandy, General Manager of Binance Brazil, stated that the company hopes to restore these services through ongoing communication with the central bank.
Key facts
- Entity: BBrasil Ltda
- October 30 deadline
- 8 operational services restricted
- Central Bank review pending
Read the original at crypto.news