NOUIBAT SALAH

evaa#REDPECKET

#REDPECKET
Brazil's new crypto rules, effective since
February 2026, require existing exchanges and
other virtual asset providers to enter the SPSAV
authorization process. Under Normative
Instruction 704, firms must file the first phase of
their request by October 30 to keep serving
customers under transitional arrangements.
Cointelegraph, TokenPost and CoinMarketCap
Community all report that Coinbase submitted its
application this week. A CoinMarketCap
Community analysis of Banco Central do Brasil
open data cites seven active authorization
.processes and no approved providers yet
Conclusion
Watch whether Banco Central do Brasil's next
data update shows any authorizations and if
Coinbase and other applicants secure approval
.after the transition period

great

Tesla and SpaceX could put 30,221 BTC on
one balance sheet. So is Musk building the
?next Strategy
Musk backed the merger idea on SpaceX's
Q3 call. Both companies have formed
independent committees to look at it. No
terms agreed yet, he said calling it a
".certainty would be "overstating it
.Now the coins
SpaceX disclosed 18,712 BTC in its IPO
filing. Tesla reports 11,509. Both figures as
of June 30th. Combined that's roughly
$2.5B and would rank sixth among public
BTC treasuries
But look closer before getting excited
A merger only combines existing coins.
Neither side has signaled buying or selling
more. Against a deal valued above $3T
that entire stack is under 0.1% of the
combined entity's value. It's also less than
,4% of what Strategy holds
23
AuraXTA@ Gle spll
Strategy is a bet on Bitcoin. That's the
whole product
This would be a rockets, cars and Al
company that happens to own some
Bitcoin on the side. Very different thing
The comparison flatters the narrative more
.than the numbers do
What's actually worth watching
shareholder votes, how the accounting
gets treated, and whether SpaceX's
historically quiet stack ever starts growing.
That last one is the signal that would
.actually matter
Until then this is interesting, not
transformative

BTC #BTC Price Analysis# #Altcoin$
#Season# #Macro Insights
2.11%
BTC

#moonbix nouibat

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!