Brazil Reportedly Probing Binance for Offering Cryptocurrency Derivatives, Company Refutes Allegations

Brazil Reportedly Probing Binance for Offering Cryptocurrency Derivatives, Company Refutes Allegations

Binance reportedly faces a probe in Brazil for allegedly allowing its users in the country to dodge a law that prevents them from investing in cryptocurrency derivatives. The company is currently under the scanner of Brazil’s Federal Prosecutor’s Office and the Federal Police, a local newspaper has reported. While the…