Binance acquires Brazilian licensed broker-dealer Sim;paul

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ODAILY
2 days ago
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Odaily Odaily reported that according to official news, Binance acquired Sim; Paul, a licensed broker-dealer in Brazil. The specific acquisition amount has not been disclosed. By obtaining approval for the full acquisition of Sim; Paul, Binance can more effectively comply with local regulatory requirements. It is reported that Sim; Paul is a licensed broker-dealer authorized by the Central Bank of Brazil to distribute securities and issue electronic currency (EMI).

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