Cryptocurrencies

Binance Signs MoU to Buy Brazilian Securities Brokerage Sim;paul

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Binance Holdings Ltd. has signed a memorandum of understanding to buy Brazilian securities brokerage firm Sim;paul Investimentos.

Sim;paul is authorized by the Central Bank of Brazil and the Securities and Exchange Commission, Binance saidBloomberg Terminal in a statement. Any deal will require the approval of regulatory authorities, including the central bank.