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Binance Withdraws Its Crypto License Application in Germany


The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...

Tokenization News Roundup: Avalanche Invests $50M in RWA


Competition among blockchains to grab some of the RWA market, new lending pool from Credix that supports Colombian farmer, the first-ever tokenization under Spain’s new laws, how the U.K’s regulations may lead to the country becoming a tokenization hub, and more for the week ending July 27, 2023

Binance to Restore Full Services in Japan in August, CZ Unveils


Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global...

Putin legalizes digital rubles and bans digital assets!


In a groundbreaking development, President Vladimir Putin of Russia signed a law bill completely banning the utilization of digital financial assets, such as cryptocurrencies, for conducting transactions related to goods and services.  This decisive bill, introduced in June and swiftly approved...

Binance, CZ to Seek Dismissal of CFTC Complaint


Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC complaint alleging that it broke derivatives laws...

Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million


A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...

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