Binance is licensed as a broker in Brazil.

Binance has been granted a brokerage license by the Central Bank of Brazil, becoming the first cryptocurrency exchange to receive this license in Latin America's largest country. This marks Binance's 21st license globally, solidifying its leadership position.

Brazil is the second-largest cryptocurrency market in Latin America, with over $90.3 billion in transactions in 2024. The Brazilian government is working on a favorable regulatory framework to promote the industry's growth.