Thursday, August 31 - Top Crypto News

Aug 31, 2023 · 4m 4s
Thursday, August 31 - Top Crypto News
Description

BlockFi, currently navigating bankruptcy, is aiming to convert certain assets to facilitate easier user withdrawals. Tether, feeling the heat from US regulators, discreetly partnered with Britannia Bank & Trust, echoing...

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BlockFi, currently navigating bankruptcy, is aiming to convert certain assets to facilitate easier user withdrawals. Tether, feeling the heat from US regulators, discreetly partnered with Britannia Bank & Trust, echoing a wider industry shift towards offshore banking solutions. Circle's partnership with Mercado Libre aims to introduce USD Coin to a wider audience in Chile, addressing the regional hesitancy towards the US dollar. In a politically charged decision, South Korea's parliament has chosen not to expel Kim Nam-kuk, despite his controversial involvement in a cryptocurrency scandal. Finally, Binance's introduction of its "Send Cash" solution in Latin America reflects the region's growing appetite for crypto solutions, especially amidst challenges like high inflation rates.
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Author Giacomo Arcaro
Organization Giacomo Arcaro
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