Binance to Limit Services and Remove Tokens for Brazil Users Starting October 27, 2026

Services Affected by the Restrictions

Binance stated it will limit eight cryptocurrency services and remove twenty-two tokens from trading for users in Brazil, beginning on October 27, 2026. This measure is part of a broader strategy to adjust to the new provisions of Brazil's Central Bank, while the platform prepares to transfer local clients under its Brazilian legal entities. The announcement was made public on October 8, 2026 and was confirmed through an official communication, mentioning that the changes will affect both lending services, mining, margin trading, and token reward programs.

Among the services that will be restricted starting October 27, 2026 are Binance Loans, Binance Pool, Cloud Mining, margin trading, Launchpool, Megadrop, HODLer Airdrops and Alpha 2.0. Although existing positions in these products may remain open, users will no longer be able to open new positions, make new loans, transfer additional funds to margin accounts or access new credit facilities. The platform specified that there is no deadline imposed for closing existing margin positions, and holders may continue to hold their assets, but without the possibility of increasing them or using them in new operations.

Tokens Removed from Trading Regarding tokens, Binance has identified 22 digital assets that will no longer be

In addition to the direct restrictions, the platform confirmed that clients who have taken out loans through its Abu Dhabi entity will enter an exclusive repayment regime. They will be able to pay off their debts without penalties and, after closure, remaining balances will be transferred to their Spot wallet. Furthermore, it was mentioned that existing restrictions on b Stocks will continue to apply, without changes for now.

In parallel with these limitations, Binance has launched a process to migrate Brazilian clients to its local entities, in accordance with regulatory requirements. Starting October 29, 2026, eligible users will receive individual payment accounts through Binance Brasil Corretora de Câmbio e Valores Mobiliários SA, formerly known as Sim;paul. This entity will take over the processing of transactions in Brazilian reais, while a separate company — BBrasil Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. — will manage activities related to virtual assets, including regulated reporting and permitted services.

Migration to Local Brazilian Entities

Binance acquired Sim;paul in December 2024, an operation that gave it access to a local financial institution already authorized by Brazil's Central Bank. This acquisition was essential to allow the platform to continue operating legally in Brazilian territory, under the supervision of monetary authorities. After migration, users will not need to repeat the identity verification process, except in cases where registration data is outdated. Transaction history, account statements and cryptocurrency deposit addresses will remain available and after transfer.

The platform also mentioned that the virtual asset deposit will continue to be insured through Nest Clearing and Custody Ltd., a regulated entity of the Abu Dhabi Financial Services Authority. Binance assured that client assets will remain protected while the transfer takes place between its international entities and the local ones in Brazil.

User Action Required for Non-Migration

Since participation in this migration process is not mandatory, Binance warned that residents who choose not to transfer must withdraw all assets and close their accounts before October 27, 2026. After this date, access to international services will be blocked for those who have not completed migration, and any activity not subject to local regulation will be prohibited.

Through these measures, Binance aims to align its operations in Brazil with the legal framework imposed by the Central Bank, while ensuring continuity of services for compliant users and protection of their assets during the transition. The company remarked that it will continue to monitor regulatory developments and adapt its policy accordingly, maintaining an open dialogue with local authorities and users.