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Ripio Applies for Crypto Broker License in Brazil

Ripio, an Argentine digital assets firm, has applied for authorization as a virtual asset broker and access to Brazil's foreign exchange market. The application was submitted on October 27, 2026, three days before the October 30 deadline for existing operators to comply with Brazil's new regulatory framework. Ripio is seeking approval to provide intermediation and custody services, and has already made changes to its operations to meet regulatory demands, including converting customer balances into its own stablecoin wBRL and discontinuing certain platform features.

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