In the midst of a worldwide increase in regulatory scrutiny on Binance, which is currently under investigation in various nations, there has been a significant development. Deputy Alfredo Gaspar, a member of the Brazilian Chamber of Deputies, has demanded the presence of Guilherme Haddad, the director of Binance Brazil, to testify before the Brazilian parliament. This summons is part of an ongoing investigation by the Parliamentary Commission of Inquiry (CPI) into suspected pyramid schemes within the country.

On June 27, members of the CPI will vote on the June 21 request. If the vote is successful, Haddad may be called to testify before the Brazilian Chamber of Deputies. This news comes at a time when the world is witnessing increased regulatory actions against the leading cryptocurrency exchange. Binance has come under investigation by authorities in the United States, France, the Netherlands, the United Kingdom, and Brazil, highlighting the global significance of the company's situation.

Moreover, the deputy alleged that Binance had been employed by pyramid schemes within the nation to facilitate the transfer of assets.

He said:

Authorities in the South American country have clarified that the reason for issuing the summons is connected to the ongoing regulatory scrutiny faced by the company on a global scale. Binance is currently under investigation by the Federal Prosecutor's Office and Federal Police in Brazil as well. It is alleged that the cryptocurrency exchange has been assisting its customers in bypassing a ban on investments in cryptocurrency derivatives.

The Brazilian Securities and Exchange Commission has been exerting pressure on Binance to cease the provision of Bitcoin futures products to its customers in Brazil, as reported earlier by Portal do Bitcoin.

As of the time this article was published, Binance had not responded to a request for comment from Cointelegraph.