- Binance’s eight services will become unavailable to Brazilian users from October 27, 2026, following new crypto regulations issued by the Central Bank of Brazil.
- Existing margin positions can remain open, but users cannot open new positions or take additional loans.
- Closing existing positions will incur no fees or penalties.
Binance has announced significant changes to how it operates in Brazil, driven by new crypto asset regulations issued by the Central Bank of Brazil. The changes take effect from October 27, 2026, with full user migration to a local Brazilian entity completing by October 29.
Binance is restructuring how it serves Brazilian users to stay within the regulatory framework the Central Bank has put in place. Eight services will no longer be available to Brazilian users from October 27. They are Binance Loans, Binance Pool, Cloud Mining, Margin Trading, Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0.
Existing margin positions can be maintained, but no new positions can be opened. No additional loans can be taken out from that date. Loan positions will move into reduction mode only, which can settle but not expand. Moreover, no fees or penalties apply for closing these positions.
The 22 Tokens Getting Delisted
Brazilian users will lose access to trading on the following tokens from October 27: XVG, USDE, USTC, DCR, DUSK, PIVX, BB, MANTRA, ONE, GMT, TFUEL, ZIL, ONT, RVN, ACX, HIT, PYR, VANRY, VIC, ICX, SCRT, and STORJ. Trading remains available until that date. After delisting, balances stay in your account and can be withdrawn or reinvested.
The Migration: What It Means Practically?
All Brazilian users will be migrated to a Binance Group company operating locally under Brazilian law. The migration is regulatory, and the funds are protected. Notably, the deposit addresses stay the same, the KYC carries over, and the way of using the app or website does not change.
In addition, transaction history remains accessible and exportable before and after migration. Users who live outside Brazil with valid proof of foreign residence will remain on the global platform.
On the other hand, Binance cannot offer derivatives or futures services to Brazilian residents under Law 6.385/1976. Users who independently opened international accounts for derivatives trading before the migration may continue managing those positions through that account. Those operations are considered foreign investments for Brazilian tax reporting purposes.
Tax Rules From October 29
Capital gains from virtual asset sales exceeding R$35,000 in a month are taxed at progressive rates between 15% and 22.5%. Sales under that threshold are exempt. The R$35,000 limit covers all virtual assets sold in Brazil, including crypto-to-crypto exchanges, which the Brazilian Federal Revenue Service treats as a sale followed by a purchase.
For products continuing on the international Binance platform, a flat 15% tax rate applies annually on capital gains regardless of amount; no R$35,000 exemption applies to foreign investments. Significantly, Binance is adapting to Brazil’s regulatory framework rather than exiting it.
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