Crypto Exchange Bybit Barred From Brokering Securities in Brazil

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Crypto Exchange Bybit Barred From Brokering Securities in Brazil

According to the CVM, ByBit was “seeking to raise funds from investors residing in Brazil for investments in securities,” without the company having authorization to act as a securities intermediary. In Brazil, only Brazil’s stock exchange B3 can offer securities. www.coindesk.com

According to the CVM, ByBit was “seeking to raise funds from investors residing in Brazil for investments in securities,” without the company having authorization to act as a securities intermediary. In Brazil, only Brazil’s stock exchange B3 can offer securities.

www.coindesk.com