As it grapples with the ever-tightening leash of American crypto enforcement, Binance sets its sights on UK regulation, a significant pivot in its strategic blueprint. In a candid admission of the trying circumstances in the US market, Binance's top strategy executive concedes to the mounting difficulties that the crypto giant is facing.
Do Kwon, the former CEO of Terraform Labs and co-founder of the Terra blockchain ecosystem, has been arrested in Montenegro, according to a series of tweets by the country's Minister of Interior, Filip Adzic. Do Kwon's arrest has sent shockwaves through the crypto community, leading to a significant drop in the value of Terra's native LUNA tokens.