Wednesday, May 31, 2023

Altcoin News

Beyond Borders: Binance’s Strategic Pivot Towards UK Amid US Crypto Clampdown

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 Arrested in Montenegro Amidst Ongoing Investigations; Terra’s LUNA Tokens Suffer Decline

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.

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