In a significant development, Binance has agreed to pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) to settle an ongoing investigation into its unauthorized derivatives trading in Brazil. This marks the conclusion of a more than four-year-long regulatory standoff between Binance, the world’s largest cryptocurrency exchange, and Brazil’s financial The post Binance Settles with Brazil Securities Regulators for $1.7 Million appeared first on Cryptonews .