Binance, the world's largest cryptocurrency exchange, is under investigation by the Brazilian Securities and Exchange Commission (CVM) for allegedly aiding clients in evading stop order restrictions. The investigation reveals increased scrutiny on Binance operating within Brazil as regulators seek compliance with local rules. If proven, the allegations may result in significant fines or suspension of Binance's license to operate in Brazil.

This is not the first time Binance has faced regulatory issues, including in Canada and the US. Binance has stated its commitment to compliance with local regulations and maintaining a dialogue with authorities.