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Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO


Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring...

Can Non-USD Stablecoins Compete?


Most stablecoins, including the two clear market leaders, are dollar-based. Michael Egorov, founder of decentralized exchange Curve Finance, asks if stablecoins based in other currencies can gain traction

South Korea to block non-compliant crypto exchanges


South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...

Binance to Delist USDT, Other Non-Compliant Stablecoins for European Users


Binance is delisting several stablecoins, including USDT, for European Economic Area (EEA) residents due to non-compliance with MiCA regulations. USDT Woes Continue Top crypto exchange Binance announced on March 3 that it would delist several stablecoins not compliant with MiCA on its platforms...

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