Binance Returns to South Korea via GOPAX Exchange Acquisition

Binance Returns to South Korea via GOPAX Exchange Acquisition

Binance has, according to new reports, acquired control of Gopax, a South Korean cryptocurrency trading platform. The acquisition marks Binance's return to the South Korean market after leaving two years prior. The Industry Recovery Initiative, a co-investment project created...

New Regulation Prohibits Algorithmic Stablecoins in Hong Kong

New Regulation Prohibits Algorithmic Stablecoins in Hong Kong

Hong Kong's top financial regulator has proposed fresh regulations prohibiting algorithmic stablecoins and noting that, henceforth, all stablecoin issuers will be required to obtain mandatory licensing. Organizations that engage in regulated cryptocurrency activity in Hong Kong must apply for...

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