Binance pulls 22 tokens for Brazilian users as it seeks a local license
Binance has filed for a crypto license in Brazil ahead of a Friday deadline. It is delisting 22 crypto assets for Brazilian users, and it hopes talks with the central bank will let it restore some services. The move could limit access to certain tokens for Brazilian traders.
Why it matters
- Binance is removing 22 crypto assets for users in Brazil.
- Access to those tokens on the platform will end for Brazilian traders.
- Restoring some services depends on talks with Brazil's central bank.
What to watch next
Watch whether Binance's license filing meets the Friday deadline and what the central bank decides on restoring services.
