According to Bitcoin News, as of October 30th, the application deadline set by the Central Bank of Brazil, only about 40 out of the expected 150 to 200 cryptocurrency companies applied to continue operating in Brazil, including Binance and Itaú. Companies that have submitted applications can continue operating during the review period; those that have not applied must cease operations and exit the market within one month of the deadline. From November 6th, banks and payment service providers are prohibited from processing transactions for virtual asset servicers outside the regulatory framework. https://www.(wublock123.com)/news/brazil-virtual-asset-service-license-deadline-40-applicants-71129