The countdown for exchanges in Brazil has entered its final stretch. Two major players have just filed applications with the Central Bank, but applying is not the same as being approved.
What happened
OKX: filed an application on Friday (16/10) to operate as a brokerage, and is also seeking authorization to provide foreign exchange services. (bitnoticias)
Brasil Bitcoin: reported filing an application on Thursday (15/10), using another company’s CNPJ, Brasil 8. (bitnoticias)
Filing an application does not mean a license has been granted: authorization depends on the Central Bank’s review. (bitnoticias)