Crypto Exchange Bybit Halts Derivatives Trading in Brazil After Exchange Commission Ban

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Crypto Exchange Bybit Halts Derivatives Trading in Brazil After Exchange Commission Ban

Last week, the CVM stated that 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, as only Brazil’s stock exchange B3 is allowed to offer securities there. www.coindesk.com

Last week, the CVM stated that 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, as only Brazil’s stock exchange B3 is allowed to offer securities there.

www.coindesk.com