Whoa! 🚨 Major changes to Binance Brazil—who will be affected?
This is no minor update! To comply with new crypto-asset regulations from Brazil’s central bank, Binance will restrict several services. Users in Brazil, check the details👇
✅ Starting October 27, 8 services will be restricted: Binance Loans, Binance Pool, cloud mining, margin trading, Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0.
✅ Trading services for 22 tokens will no longer be available to Brazilian residents, including XVG, USDE, USTC, DCR, DUSK, PIVX, BB, and MANTRA.
✅ Eligible existing loans and margin positions can be maintained, but new positions cannot be opened.
✅ By October 29, eligible users will be migrated to a local entity within the group. Arrangements for fiat payments, asset trading, and regulatory reporting will also be updated.
This is no minor update! To comply with new crypto-asset regulations from Brazil’s central bank, Binance will restrict several services. Users in Brazil, check the details👇
✅ Starting October 27, 8 services will be restricted: Binance Loans, Binance Pool, cloud mining, margin trading, Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0.
✅ Trading services for 22 tokens will no longer be available to Brazilian residents, including XVG, USDE, USTC, DCR, DUSK, PIVX, BB, and MANTRA.
✅ Eligible existing loans and margin positions can be maintained, but new positions cannot be opened.
✅ By October 29, eligible users will be migrated to a local entity within the group. Arrangements for fiat payments, asset trading, and regulatory reporting will also be updated.