Binance shakes up Korea, Morgan Stanley’s security tokens in Japan: Asia Express

Binance returns to South Korea Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Unit’s (FIU) approval of its acquisition of Gopax — one of only five local exchanges authorized to provide crypto-to-fiat services. Upbit and Bithumb have control about 99% of South Korea’s crypto market. Source: Kaiko According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binance’s reentry. The exchange acquired a majority stake in…

Binance shakes up Korea, Morgan Stanley’s security tokens in Japan: Asia Express

Binance returns to South Korea Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Unit’s (FIU) approval of its acquisition of Gopax — one of only five local exchanges authorized to provide crypto-to-fiat services. Upbit and Bithumb have control about 99% of South Korea’s crypto market. Source: Kaiko According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binance’s reentry. The exchange acquired a majority stake in…

What’s Behind Coinbase Adding Binance’s BNB to its Roadmap?

Cryptocurrency exchange Coinbase has added Binance’s BNB token to its roadmap for listings amid a series of online exchanges discussing the process. On Tuesday, Limitless Labs CEO CJ Hetherington posted to X, contrasting what he claimed were the requirements for a token to be listed on Binance rather than Coinbase. According to the CEO, Binance’s requirements included a security deposit of 2 million BNB (BNB) for a spot listing, while Coinbase’s were limited to “build[ing] something meaningful on Base.” The online exchange sparked debate, which only seemed to intensify when…

How An Over 50% Bounce Could Materialize

XRP is still looking to confirm a strong bounce in price action after a crash that saw it register a huge bearish wick over the weekend, and many analysts are anticipating its next major move. According to technical analysis by crypto analyst HovWaves, XRP’s recent crash and bounce could be the early stage of a broader rally that positions its price for a run to as high as $8. XRP Finds Support And Rebounds Over 50% Technical analysis of XRP’s price action on the weekly timeframe, which was posted on the…

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Tether Backs Bitcoin Ecosystem With $250,000 Opensats Donation

Tether has donated $250,000 to Opensats, a non-profit that funds open-source Bitcoin and freedom technology projects. The contribution supports Opensats’ mission to empower developers, researchers, and educators building on Bitcoin. $250K Donation by Tether to Support Open-Source Development on Bitcoin Tether has announced a $250,000 donation to Opensats, a non-profit organization that funds open-source Bitcoin […] Original

A Boost To Dogecoin Price?

Thumzup Media Corp. is pushing ahead with plans to let creators receive payments in Dogecoin (DOGE), as new data shows the meme token has slipped in recent days even amid renewed institutional interest. Related Reading Based on reports, the firm’s strategy includes a $2.5 million loan to DogeHash for mining expansion, and a treasury holding of 7.5 million DOGE, while regulatory and adoption challenges still loom. Thumzup Prepares DOGE Payouts According to company-adjacent sources, Thumzup intends to offer Dogecoin as an alternative payout option, alongside fiat or other crypto choices,…

Tether Nominates Deputy Chief Investment Officer to Juventus FC Board

About two weeks after reports suggested that stablecoin issuer Tether would be pitching its own names to fill the board for Italian football club Juventus, the company announced two picks: its own deputy chief investment officer and a medical doctor. In a Thursday notice, Tether said it had nominated its deputy CIO, Zachary Lyons, and an orthodontist and “lifelong Juventus supporter,” Francesco Garino, to the football club’s board of directors. The stablecoin company holds a 10.7% stake in Juventus after investments in February and April. “Since announcing our investment in…