Since June 2021, global regulations have become tense, coupled with the strictest crypto ban ever imposed by the Chinese government. All types of exchanges worldwide have been affected to varying degrees, and Binance has begun feeling pressure from regulatory bodies around the world.

Binance provided services to U.S. customers but failed to comply with U.S. laws, including not registering with the U.S. Department of the Treasury as a money services business and not implementing an effective anti-money laundering program. Instead, it facilitated unregulated cryptocurrency transactions worth billions of dollars, including transactions involving U.S. users and unsanctioned users.

As a Money Services Business (MSB), Binance had an obligation to report suspicious transactions to FinCEN through Suspicious Activity Reports (SARs). FinCEN's investigation revealed that Binance's former compliance officer had informed employees that the CEO's policy was not to report such activities.

Coinbase Wallet's latest feature simplifies cryptocurrency transfers by allowing users to send money through shared links on multiple platforms, including messaging apps and social media.

IBM, a stalwart in software and IT consulting, is making waves in the web3 space with the introduction of the Hyper Protect Offline Signing Orchestrator.

In 2023, Ethereum's Layer 2 networks see heightened user engagement and strategic advancements, yet their token values remain incongruent with the sector's overall growth.

Dogecoin, the internet's favourite canine-inspired meme currency, may be poised for a pivotal role as a payment option on X (formerly Twitter).

Coinbase announced the establishment of a non-profit organization called "Stand With Crypto." Recently, they even planned to gather presidential candidates to discuss blockchain technology and digital asset policies.

South Korean students across primary, middle, and high schools are redefining their knowledge of digital assets, including Non-Fungible Tokens (NFTs) and blockchain. The recent educational initiative aimed at these young minds has not only elevated their comprehension but also enhanced their ability to transform personal thoughts and content into valuable assets through assetization.

Nostr Assets Protocol refutes claims, reaffirms commitment to empowering developers and innovating financial applications in the Lightning Network and Nostr ecosystem.