News/Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance

Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance

Sep 29,2022,12:21

The Brazilian Securities and Exchange Commission (CVM) 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 Mercado Bitcoin raised with the tokens and see a list of investors who participated. Mercado Bitcoin said in a statement that it didn’t release "public offerings of securities outside the scope of the authorizations we hold as an authorized crowdfunding platform and investment manager."

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