brazil

#binance
Binance Secures Regulatory Authorization in Brazil, Its 21st Globally
Main Takeaways
Binance has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in Latin America’s most populous country, marking its 21st global regulatory milestone and solidifying its status as the most licensed cryptocurrency exchange worldwide.

Binance CEO Richard Teng highlighted Brazil's burgeoning crypto adoption and emphasized the company's commitment to providing a secure and innovative platform for local users.

Binance's regulatory milestone in Brazil follows similar achievements in Argentina, India, Kazakhstan, and others, highlighting its commitment to growing crypto adoption in a responsible and sustainable manner.

In a development that underscores Binance’s commitment to adhering to the highest regulatory standards both globally and regionally, we have recently secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous country. This achievement marks our 21st global regulatory milestone, further solidifying our status as the cryptocurrency exchange with the greatest number of licenses, registrations, and authorizations across the world.

Brazil: Embracing the Future of Finance
By receiving full approval for the takeover of Sim;paul – a licensed broker-dealer authorized to distribute securities and to issue electronic money (EMI) by the Central Bank of Brazil, Binance, which was already operating in compliance with the regulatory requirements in the country as a global exchange, can be more efficient in complying with the ongoing regulatory advancements. The approval also makes Binance the first crypto exchange to have a broker-dealer license in Brazil.

Richard Teng, Binance's Chief Executive Officer, highlighted the importance of this achievement, saying, "We are thrilled to announce our latest regulatory approval. A market with burgeoning crypto adoption, Brazil is home to a vibrant and dynamic community that is readily embracing the future of finance. We thank local regulators for their commitment to defining clear rules for this important, growing industry. This approval underscores our commitment to compliance and security, and we look forward to continuing to provide our local users with a secure, reliable, and innovative platform for their digital-asset needs."

Ranking 10th in Chainalysis global adoption index, Brazil is taking a forward-looking approach to setting specific rules for the crypto industry. The Central Bank and the Brazilian IRS have published proposals for a dedicated regulatory framework, putting it up for public consultations for market participants and experts to make suggestions, while in Congress legislators discuss federal bills on asset segregation and stablecoins, which are also relevant for the sector.

Guilherme Nazar, Head of Latin America for Binance, commented, “This approval marks a significant milestone in our ongoing commitment to expanding our products and services in Brazil. It highlights our dedication to compliance and regulatory excellence while enhancing our ability to provide secure and innovative financial solutions to our growing user base in the country. We look forward to taking this opportunity to further drive the adoption of digital assets and deliver unparalleled value to our clients in Brazil."

Starting 2025 on a High Note
Binance's registration in Brazil follows other recent regulatory advancements across the globe this year, including in Argentina, India, Kazakhstan, and Indonesia. This dynamic showcases Binance’s sustained global momentum and adds to previously secured licenses, registrations, and authorizations in jurisdictions like Dubai, France, Japan, El Salvador, and others.

In line with its global standards, our compliance program includes robust anti-money laundering (AML) policies and controls and a comprehensive framework for combating the financing of terrorism (CFT). In addition to that, key components of Binance's compliance program include robust identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and the industry-leading Financial Crime Compliance (FCC) unit, designed to assist law enforcement in investigating crypto asset-related crimes and capacity building, thereby strengthening the collaborative security of the ecosystem.

Furthermore, we have expanded our global compliance team by 34% to 645 full-time employees, including strategic senior hires. We employ over 1,000 compliance staff and contractors, ensuring that we dedicate sufficient resources to drive Binance and the larger crypto ecosystem’s growth sufficiently and responsibly.

Further Reading
Binance Records Its 20th Global Regulatory Milestone With Registration in Argentina

Binance Achieves Its 19th Global Regulatory Milestone With Registration in India

Binance Kazakhstan: The First to Secure a
Full Regulatory License From AFSA
#Brazil

🚨🔥 BREAKING NEWS: World’s First Spot XRP ETF Approved in Brazil! 🇧🇷🚀
This is a MASSIVE milestone for XRP and Ripple after years of legal battles ⚖️ and challenges. Here’s why this is a GAME-CHANGER for the crypto world:

✨ Why This is HUGE for XRP:
✅ First Spot XRP ETF Ever – Brazil is leading the way in crypto innovation, setting a precedent for other countries to follow. 🌍
✅ Mainstream Adoption – ETFs make it easier for institutional and retail investors to gain exposure to XRP without directly holding the asset. 💼📈
✅ Regulatory Confidence – After years of legal battles with the SEC, this approval signals growing trust and legitimacy for XRP. ⚖️✅
✅ Increased Liquidity – The ETF will likely drive more trading volume and liquidity for XRP, boosting its market presence. 💧📊
✅ Global Ripple Effect – This could pave the way for similar ETFs in other countries, opening doors for global adoption. 🌐🚪

💡 What This Means for the Crypto Market:
🔥 XRP Price Potential – With increased accessibility and demand, XRP could see significant price movement. 📈💎
🌱 Ripple’s Growth – Ripple’s ecosystem and partnerships could expand further, solidifying its position in the crypto space. 🤝💼
🎯 Crypto Legitimacy – This approval reinforces the growing acceptance of cryptocurrencies in traditional financial systems. 🏦🔗

🚀 The Future Looks Bright for XRP!
Let’s celebrate this historic moment and watch how this unfolds for the crypto world. 🌟
👇 What do you think? Will this spark a wave of XRP ETFs globally? Let’s discuss! 💬
#XRP #Ripple #Crypto #ETF #Brazil #ToTheMoon 🚀🌕

Binance is one of the largest and most popular cryptocurrency exchanges in the world. Users can buy, sell, trade, and store cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and many others. If you want to invest in cryptocurrency, this guide will provide you with all the details you need.
First of all, Is Binance Legal in Brazil?
Yes! Binance operates legally and in a regulated manner in Brazil, having acquired a local brokerage firm called Sim;paul with the approval of the Central Bank of Brazil.
How to sign up for Binance Brazil?
1- Download the Binance application.
İos and Android : https://www.binance.com/en/download?pageType=normal

After downloading our app, the next step is registration.

After opening the app, click on the Sign Up / Log In button.
In the opened window, enter your email or phone number, the code you received, and set your password.

After completing these steps, we’ve reached the most important part. By using the referral code MZAFFL8Z , you’ll receive a 20% commission discount on all your transactions on Binance.

Enter your CPF number in the opened window, and optionally upload your driver's license photo and selfie for quick verification.

We’ve created our Binance account. Now, let's see how to deposit BRL.
How to Deposit BRL into Your Binance Account in Brazil?
From the main menu, click on "Add Funds."

Click on the "Buy with BRL" option.

We select the amount we want to purchase and choose our payment method. The lowest commission is charged when using Pix. Therefore, you can prefer Pix for your USDT purchases.

We’ve completed our USDT purchase with BRL. Now, let’s see how to buy cryptocurrency.
How to Buy and Sell Crypto on Binance in Brazil?
1- From the main menu, click on "Trade" located in the middle at the bottom.

2- Enter the price and the amount of USDT you want to buy, then click the "Buy" button.

3- Click the "Sell" button. Enter the price and the amount of USDT you want to sell, then click the "Sell" button again.

Opening a Binance account, depositing BRL, and buying crypto is that easy!
#Brazil