Regulation· ★★★· neutral·

Coinbase files for Brazil crypto license ahead of Oct. 30 deadline

  • —Application filed ahead of Brazil's Oct. 30 licensing deadline
  • —Coinbase expects no disruption to current services during review
  • —Bybit, Binance and Mercado Bitcoin also filed with Brazil's central bank
Why it matters: Brazil is a major Latin American market, and the license will determine whether Coinbase can operate there legally.
Source: Cointelegraph