Binance Cuts 8 Services and Delists 22 Tokens in Brazil Under Central Bank Rules
- —Loans, Binance Pool, Cloud Mining, Margin, Launchpool, Megadrop, HODLer Airdrops and Alpha 2.0 are restricted
- —22 tokens delisted for Brazil, including USDE, USTC, DCR, ZIL, ONT, RVN and MANTRA
- —By October 29 users move to Binance Brasil Corretora and BBrasil, with Abu Dhabi-based Nest as custodian
- —From October 29 gains face 15–22.5% tax once monthly sales exceed R$35,000
Why it matters: The move aligns Binance with Brazil's licensing regime, changing product access and tax treatment for local traders.
Source: BlockchainReporter