Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline
Reports say only about 40 crypto firms applied for operating licenses in Brazil before the October 30 deadline, far fewer than the 150 to 200 companies expected. Many firms appear to be exiting as compliance costs rise, consolidating the country's virtual asset service provider sector. Traders may watch for market-structure effects in Brazil.
Read the full story on Bitcoin.com News