Coinbase seeks Brazil crypto license, expects no service disruption
Summary
Coinbase applied to Brazil’s central bank for authorization as a virtual asset service provider ahead of the end-of-October deadline. The filing is intended to let it continue existing operations as new rules impose requirements for governance, customer-asset safeguards and compliance. Coinbase said it does not expect a service suspension during review and reiterated plans to pursue broader foreign-exchange and payment services, which need separate approvals. Binance also applied and has limited some services while adjusting its offerings. Providers that apply by the deadline may operate during the review period.
