Regulation· ★★★· neutral·

Ripio files for Brazil crypto broker license ahead of deadline

  • —Ripio applied for a crypto broker license in Brazil
  • —The company also requested foreign-exchange authorization
  • —Ripio Trade platform will close on Nov. 30
Why it matters: The filing meets the Brazilian central bank's deadline as the regulator tightens rules for crypto service providers.
Source: The Defiant