Brazil cryptocurrency license applications total 120… 119 under review
Original headline브라질 가상자산 허가 신청 120건…119건 심사 중
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Brazil’s central bank disclosed 120 cryptocurrency license applications tied to 120 distinct CNPJs, with 119 still under review and one rejected; the rejected filing was in the brokerage category. The pending list breaks down into 46 trading-and-custody applications, 73 brokerage applications, and one custody-only application. Major global exchanges including Binance, Coinbase ($COIN), OKX, Kraken, Bybit, and KuCoin appear among the applicants, alongside Circle, Ripple, and Brazil’s Nubank. The disclosure matters because it shows how many firms are seeking formal authorization under Brazil’s evolving crypto regulatory framework, with the count reflecting applications per tax registration rather than approved companies. Next, watch how the central bank works through the 119 pending reviews and whether the single rejection signals stricter scrutiny of brokerage models.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Banco Central do Brasil, Binance, Coinbase (COIN), OKX, Kraken, KuCoin, Bybit, Circle (CRCL)
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