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2024-08-15 01:32:17
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nilla Aprilia on Nostr: The CVM's investigation revealed that Binance had been providing derivatives trading ...

The CVM's investigation revealed that Binance had been providing derivatives trading services to Brazilian residents without the required licenses, which led to the regulator issuing a warning and threatening daily fines for non-compliance. Initially, Binance proposed a settlement of around $365,000 to end the investigation, but this was rejected by the CVM due to legal concerns regarding the adequacy of evidence that the violations had ceased
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