CroSat
blockchainOct 27, 2026AI summary

Ripio Seeks Crypto Broker and Foreign-Exchange Approval in Brazil

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Ripio has applied for a Brazilian crypto broker license and foreign-exchange authorization, while its Ripio Trade platform is set to close on Nov. 30.

Ripio Seeks Crypto Broker and Foreign-Exchange Approval in Brazil

Ripio is seeking a license to operate as a cryptocurrency broker in Brazil, submitting its request ahead of the filing deadline, according to The Defiant.

The company has also applied for foreign-exchange authorization. The report does not indicate whether either request has received regulatory approval.

Meanwhile, Ripio’s existing trading platform, Ripio Trade, is scheduled to shut down on Nov. 30. The available details do not specify how the closure will affect customers or their accounts.

Source: The Defiant

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