Binance Applies for Cryptocurrency License in Brazil, Will Delist 22 Local Crypto Assets According to Odaily, cryptocurrency exchange Binance, through its local entity BBrasil, has submitted an application for a cryptocurrency service provider license to the Central Bank of Brazil to maintain operations before the regulatory deadline. The application was submitted on October 23, and Brazil requires existing crypto service providers to apply for authorization by October 30. The application does not guarantee regulatory approval. Binance announced that starting Tuesday, it will adjust its services for Brazilian users, restricting services such as cryptocurrency lending and margin trading, and delisting 22 local crypto assets. Thiago Sarandy, General Manager of Binance Brazil, stated that the company hopes to continue dialogue with the Central Bank of Brazil to restore some products that were suspended due to compliance with current regulations in the future. (Cointelegraph)