Binance Plans South Korea Re-Entry As It Expands Global Market
On the heels of South Korea’s changing crypto landscape, Binance is planning to re-enter the crypto market in the country. Binance, the world’s largest cryptocurrency exchange, intends to re-enter the South Korean market as part of its Southeast Asian expansion strategy. Binance CEO “CZ” declared his intention to re-enter South Korea in an interview with […]
President Of Panama Vetoes Crypto Bill By Citing FATF Guidelines
Despite the past praise for crypto legislation in Panama, the president’s concerns over anti-money laundering measures have re-ignited debate. Panama President Laurentino Cortizo has partially vetoed Bill No. 697, called the “crypto bill,” claiming that it needs additional development to be more compatible with Panama’s financial standards. After Panama’s National Assembly passed the crypto bill […]
Elon Musk Faces $258 Billion Dogecoin Lawsuit
Many in the crypto community are skeptical of the Dogecoin complaint, believing that the lawsuit will be dismissed on the merits. Dogecoin influencer and billionaire Elon Musk, as well as his firms SpaceX and Tesla Inc, are being sued for $258 billion in damages for “engaging in a crypto pyramid scheme” involving Dogecoin (DOGE). The […]
Huobi To Shut Thailand Unit As SEC Revokes Its License
Crypto trading on Huobi Thailand has initially been suspended, with SEC regulating how customers’ assets are protected. Huobi Global’s Thailand unit will be permanently closed on July 1 after the SEC revoked its license. Furthermore, Huobi Thailand will no longer be affiliated with Huobi Global or its affiliates. The crypto exchange has been attempting to […]
The Sandbox (SAND) Increases By 20% After Partnering With Lionsgate Studios
SAND, the Sandbox’s native token, rose from eight-month lows on Thursday after the metaverse announced a deal with Lionsgate Studios. After the announcement of a partnership with Lionsgate Studios, the price of the Sandbox (SAND) has increased as high as 20% to $0.9715, before reversing part of its gains to trade at $0.8647. The announcement […]