Binance has applied for a crypto service provider license in Brazil ahead of the October 30, 2026 deadline, while restricting services for Brazilian users and delisting 22 crypto assets. The filing seeks to preserve the exchange’s operations under the country’s regulatory framework.

Binance said it submitted the application to the Central Bank of Brazil on October 23, 2026, through its local entity, BBrasil. The exchange said the filing would enable continued access to crypto assets, stablecoin trading, payments and investment services for users in the country.

Binance’s crypto license filing in Brazil comes alongside service limits

Binance’s application for a crypto license in Brazil does not constitute regulatory approval. Its service changes took effect on October 27, 2026, including restrictions on crypto lending and margin trading, as well as other services.

The exchange is also removing 22 crypto assets from its Brazilian offering as it adjusts services to comply with current regulations.

Thiago Sarandy, Binance’s general manager in Brazil, expressed support for a regulated market that takes account of virtual assets’ characteristics. He said he hoped ongoing dialogue with the Central Bank would allow the exchange to bring back products discontinued to meet current regulations.

Brazil requires existing crypto service providers to file authorization applications by October 30, 2026, to keep operating under transitional arrangements.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.