Binance Restricts 8 Services and Delists 22 Tokens for Brazilian Users From October 27

Published October 9, 2026, 10:40 UTC. Binance Brasil announced the changes on October 8, 2026.

Binance is making the deepest service cut in its Brazil history. On October 8, Binance Brasil announced that Brazilian residents will lose access to eight products and 22 tokens starting October 27, 2026, as the exchange moves local customers onto regulated Brazilian entities under the central bank's new crypto framework. The changes, detailed in Binance's official announcement and reported by crypto.news, cover leverage, lending, mining and token-reward products, plus some of the exchange's longest-listed altcoins.

The 8 services being restricted

Beginning October 27, Brazilian residents will no longer be able to access Binance Loans, Binance Pool, Cloud Mining, margin trading, Launchpool, Megadrop, HODLer Airdrops and Alpha 2.0, according to Binance's announcement. The exchange said the affected services will stop accepting new positions, with existing holdings handled under different closure arrangements. Customers holding affected assets keep access to their balances, but Binance will block them from opening new positions in restricted products.

Existing loan borrowers get a soft landing. Customers with outstanding loans contracted through Binance's Abu Dhabi entity will enter a repayment-only arrangement, according to Binance. Borrowers can settle their positions without penalties, and any remaining balances after settlement will return to their Spot wallets. Margin traders face a wind-down without a hard deadline: existing positions can remain open because Binance has not set a mandatory closure date, but customers will no longer be permitted to place new margin orders, transfer additional funds into margin accounts or obtain further loans from October 27.

The 22 tokens losing local trading

The exchange named 22 tokens that Brazilian residents will no longer be able to trade: XVG, USDE, USTC, DCR, DUSK, PIVX, BB, MANTRA, ONE, GMT, TFUEL, ZIL, ONT, RVN, ACX, HIT, PYR, VANRY, VIC, ICX, SCRT and STORJ, according to the announcement. The list includes Ethena's USDe, the TerraClassicUSD stablecoin, and older altcoins such as Verge, Decred, Ravencoin, Zilliqa and Secret. The cut is Brazil-only: the tokens remain tradable for Binance's global customers.

Trading in the affected tokens stays available until October 27. Customers who still hold them after the deadline keep their balances, and can withdraw the assets or reinvest them in supported products, according to Binance. The exchange announced no date for restoring access to the tokens or the eight services, and the announcement offers no compensation or automatic conversion for holders, according to crypto.news.

The October 29 local-entity migration

The service cuts are the operational half of a legal migration. By October 29, Binance plans to move eligible customers to BBrasil Sociedade Prestadora de Serviços de Ativos Virtuais Ltda., the group company responsible for permitted cryptocurrency services in Brazil, and to issue individual payment accounts through Binance Brasil Corretora de Câmbio e Valores Mobiliários SA, formerly known as Sim;paul, which will process transactions in Brazilian reais, according to the announcement. Binance obtained approval to acquire Sim;paul in December 2024, giving the exchange access to an existing financial institution authorized by Brazil's central bank.

Custody will run through Nest Clearing and Custody Ltd., an entity regulated by Abu Dhabi's Financial Services Regulatory Authority, and Binance says customer assets will remain protected through the transfer. Customers will not need to redo identity verification unless their registration data is outdated, and transaction history, statements and existing deposit addresses carry over. Brazilian residents who decline the migration must withdraw their assets and close their accounts before October 27, while customers whose verified residence is outside Brazil stay on the international platform, according to Binance.

Futures traders get a separate route

Derivatives follow a different arrangement. Binance states it cannot offer cryptocurrency derivatives directly to Brazilian residents under the country's securities regulations. Eligible customers may independently access futures through a separate international account operated by Binance's Abu Dhabi entity, and existing futures positions that are not moved will enter reduce-only mode, letting customers close or reduce positions without opening new ones, according to the announcement. The restriction echoes earlier scrutiny in Brazil, where Binance agreed to a $1.7 million settlement with the country's securities regulator in 2024 over unauthorized derivatives offerings, according to crypto.news.

The Banco Central rules behind the move

The migration follows Brazil's tighter licensing regime for virtual asset providers. The Central Bank of Brazil established the framework through Resolutions 519, 520 and 521 in November 2025, covering licensing, customer protection, money laundering controls and international transactions involving virtual assets, and revised parts of Resolution 520 through Resolution 589 in September, with amendments taking effect October 1, according to crypto.news. Resolution 520 set an October 30, 2026 deadline for companies already operating to formally submit authorization applications, though regulators provide a transition period for firms following the process.

Two more deadlines are already set. From November 1, Brazilian customers must provide the purpose of certain international crypto transactions and identify the individuals or businesses involved, with Binance submitting the data to the central bank through monthly reports under Resolution 521. Customers will also complete a four-question risk assessment under Resolution 520, with 30 days to respond and new trading restricted until they do, according to the announcement. The tax picture changes too: crypto transactions through the local entity fall under domestic investment tax treatment from October 29, where monthly virtual asset sales of R$35,000 or less qualify for a capital gains exemption and gains above that face progressive rates from 15% to 22.5%, while holdings on the international entity remain subject to a 15% annual rate on applicable gains without the domestic exemption.

This article is news reporting and is not investment advice.

Sources

• Binance Brasil, official announcement (Oct. 8, 2026), primary source
• crypto.news, Why Is Binance Removing 8 Services and 22 Tokens in Brazil? (Oct. 9, 2026), secondary source
• U.Today, Binance to Delist 22 Tokens in Brazil (Oct. 9, 2026), secondary source