Binance will restrict eight services and delist 22 tokens for its users in Brazil starting October 27, as part of a restructuring of its local operations to comply with the Central Bank of Brazil’s regulations. The affected services include Loans, Binance Pool, Cloud Mining, Margin, Launchpool, Megadrop, HODLer Airdrops and Alpha 2.0, while the delisted tokens notably include XVG, USDE, USTC, ONE, GMT and STORJ. Brazilian real operations will be redirected to a locally authorized payment account operated by BBrasil Sociedade Prestadora de Servicos de Ativos Virtuais Ltda. by October 29. Starting November 1, international crypto transfers will require mandatory reporting to the Central Bank, with transactions blocked until all required information is provided. Customers wishing to continue using the platform must migrate to the local service before the deadline or withdraw their assets.
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