1. Home
  2. News
  3. Exchanges

Brazilian Government Questions Local Crypto Exchanges

News
Brazilian Government Questions Local Crypto Exchanges

According to a report from local news outlet, the Brazilian government has sent the top local crypto exchanges a 14-point inquiry. Their aim is to know more about exchanges’ businesses and their potential for money laundering.

The document, sent under the aegis of the Ministry of Finance, requests that crypto exchanges have to answer the inquiry within five days. Questions are focused on operations, user verification procedures and risk management.

This move is considered to be a response to the hacking of Brazilian crypto investment platform Atlas. The hacking resulted in the leaking of over 260,000 users’ data, including email addresses and amounts of BTC deposited on the platform.  

29 Aug 2018

Subscribe to our newsletter

Our newsletters are sent on a regular basis and are aiming to provide you most overall market situation

Latest news

New Token Listings: VeChain and Gemini USD

New Token Listings: VeChain and Gem...
21 Sep 2018

New Release: Fortuna

Fortuna has launched a beta version...
21 Sep 2018

ICORating Is Media Partner For Crypto Economy World

Crypto Economy World is a series of...
21 Sep 2018

ICORating To Participate In Blockchain East Summit

The Blockchain East Summit and Trad...
20 Sep 2018

ICORating Announces Collaboration With Binance Info

ICORating and Binance Info are now ...
20 Sep 2018

New Token Listings: ChainLink and Waves Platform

Trading pairs of initial coin offer...
20 Sep 2018

New Releases: Remme And Tezos

Remme and Tezos have officially lau...
19 Sep 2018

Poloniex To Delist Assets On September 25

Poloniex crypto exchange is set to ...
19 Sep 2018

Meet ICORating At The East-West Crypto Conference In Frankfurt

ICORating’s Head of Partnerships,...
19 Sep 2018