Binance settles with Brazilian regulators for $1.76 million

Crypto exchange Binance has finally put an end to its Brazilian regulatory nightmare. The company coughed up $1.76 million (or 9.6 million reais if you prefer) to settle with the Comissão de Valores Mobiliários (CVM).  Why? Because according to the CVM, Binance got caught playing fast and loose with unlicensed derivatives trading in Brazil after […] source: https://www.cryptopolitan.com/binance-settles-with-brazil-for-1-76-million/