Loading...
Market
Which Latin American country will Binance secure a broker-dealer license in next by end of 2025?
2
Resolution / Starting Odds
Argentina • 25%
Chile • 25%
Colombia • 25%
Other • 25%
Official announcements from Binance or regulatory bodies in Latin America
Story
Binance Secures 21st Global Regulatory Milestone, Acquires Sim;paul as First Crypto Exchange with Broker-Dealer License in Brazil
Jan 2, 2025, 04:02 PM
Binance has received regulatory approval from Brazil's Central Bank to acquire Sim;paul, a licensed broker-dealer, making it the first cryptocurrency exchange to obtain a broker-dealer license in Brazil. This acquisition represents Binance's 21st global regulatory milestone, highlighting its commitment to compliance and regulatory excellence. The approval comes as Brazil continues to embrace cryptocurrency, positioning itself as a significant player in the global crypto market. Binance, which has recently reached 250 million registered users, aims to leverage this new license to expand its operations in the rapidly growing Latin American market.
View original story
Similar markets
Other • 25%
Launches a new exchange in another Latin American country • 25%
Partners with a local bank • 25%
Launches a crypto education initiative • 25%
Obtains another broker license in Latin America • 25%
Other • 25%
Obtains a new license in Asia • 25%
Obtains a new license in Europe • 25%
Other • 25%
Crypto lending • 25%
Crypto derivatives • 25%
Staking services • 25%
Below Top 3 • 25%
Top 2 • 25%
Top 3 • 25%
Top 1 • 25%
Significant increase in trading volume • 25%
No significant impact • 25%
Regulatory changes in Brazil • 25%
Increase in competition among exchanges • 25%
Marketing strategy • 25%
Regulatory approval • 25%
Innovative products • 25%
Increased crypto adoption • 25%
Private Crypto Company • 25%
World Bank • 25%
IMF • 25%
Other • 25%
Other • 25%
Brazil • 25%
Mexico • 25%
India • 25%