Ibahagi ang artikulong ito
Crypto Exchange Bybit Barred From Brokering Securities in Brazil
According to the CVM, Brazil's stock exchange B3 is the only one authorized to intermediate securities in the South American country.
Ni Paulo Alves
This article is adapted from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney, one of Brazil's leading financial news publications. Follow CoinDesk Brasil on Twitter.
The Brazilian Securities and Exchange Commission (CVM) banned the Singapore-based cryptocurrency exchange Bybit from brokering securities.
STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter
In a declaratory act published on Monday, the CVM ordered the suspension of “the public offering of any securities intermediation services, directly or indirectly, including through the use of websites, applications or social networks” by Bybit to Brazilians.
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.
Bybit did not respond to a request for comment.
The CVM added that Bybit must comply with the ban immediately or else the commission will impose a daily fine of 1,000 Brazilian reals (equivalent to US$194).
In April, Bybit announced that it allowed Brazilian users to acquire cryptocurrencies using Brazilian reals and the launch of earning products and a non-fungible token (NFT) marketplace.
In June, Bybit told CoinDesk InfoMoney that it was closely following the crypto regulatory debate in Brazil, in order to take the best possible approach and not repeat the case of Binance, which was suspended by the CVM in 2020.
Read more: Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
This article was translated by Andrés Engler, and edited by CoinDesk. The original Portuguese can be found here.
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Most Influential: Brandon and Howard Lutnick
The world's biggest stablecoin issuer struggled to maintain banking relationships for a few years and faced accusations it wasn't fully backing its circulating tokens — then one of the world's biggest financial firms, Cantor Fitzgerald, became its custodian.
Top Stories
