Wednesday June 25, 2025

Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

by Sergio Goschenko August 16, 2024 1 min read

(Originally posted on : Bitcoin News )

Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (approximately $1.75 million) to resolve a case involving the irregular offering of derivatives, including futures contracts and options, dating back to 2022. Binance […]

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