Brazil Securities Regulator Targets Crypto Exchange Mercado Bitcoin On Token Issuance

Time：2022-09-28 23:47 Source：Internet Copy share

According to CoinDesk, the Brazilian Securities and Exchange Commission (CVM) has requested that crypto exchange Mercado Bitcoin provide it with information on fixed-income tokens the exchange has issued over the past two years.The CVM wants to know the amount the exchange raised through the tokens as well as a list of investors who participated.Mercado Bitcoin said in a statement that it didn’t hold offerings of securities outside of its authorized scope.The CVM plans to release a guide advising companies to consult with the CVM before issuing any token that may be considered a security.Author: Katie Lin

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