Binance Restricts 8 Services and Delists 22 Tokens in Brazil Under New Central Bank Rules
Photo: Blockchain Reporter
When Brazilian traders opened Binance on the morning of October 27, the app they had used for years looked almost the same. Yet a long list of products had already stopped working for them. Loans, pooled mining, cloud mining, margin, and the launchpad-style reward programs that once funnelled new tokens into their wallets were gone, and twenty-two cryptocurrencies were no longer tradeable against the Brazilian real. What read as a sudden cut was really the end of a process Binance began nearly three weeks earlier, when it warned users that Brazil’s central bank had rewritten the rules for who may…
Source: Blockchain Reporter
