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Binance and Itau File for Crypto Licenses in Brazil as Rivals Exit

News.Bitcoin.com
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Binance and Itau File for Crypto Licenses in Brazil as Rivals Exit

Prominent crypto exchange Binance and Brazil’s top bank Itaú have formalized their requests to become virtual asset service providers. The request comes as service providers have until October 30 to submit these documents and keep operating while the bank reviews their applications. Binance and Itaú Formalize Requests to Operate as VASPs in Brazil Brazil’s largest […]

Key Takeaways

  1. Prominent crypto exchange Binance and Brazil’s top bank Itaú have formalized their requests to become virtual asset service providers.
  2. The request comes as service providers have until October 30 to submit these documents and keep operating while the bank reviews their applications.
  3. Binance and Itaú Formalize Requests to Operate as VASPs in Brazil Brazil’s largest […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.