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Binance Pays .75M to Settle Irregular Derivatives Offering Procedure in Brazil
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Binance Pays $1.75M to Settle Irregular Derivatives Offering Procedure in Brazil

Binance Pays $1.75M to Settle Irregular Derivatives Offering Procedure in BrazilBinance, one of the world’s largest cryptocurrency exchanges, has settled an administrative proceeding with the CVM, Brazil’s securities regulator. The exchange has agreed 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 (…)