Monat: Februar 2023

Summary: Flynt Finance has announced a partnership with Ceffu (formerly Binance Custody) to provide its clients with enhanced asset storage security and access to its off-exchange settlement solution, Mirror. This new partnership will help to further safeguard Flynt Finance’s clients‘ investments and provide them with added peace of mind. Clients will benefit from deep liquidity on the world’s largest cryptocurrency

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• The U.S. Securities and Exchange Commission (SEC) has been taking action against crypto exchanges and companies, such as Kraken, Paxos, and Terraform Labs. • South Sudan has reportedly banned U.S. dollar transactions, and crypto-focused investment firm Pantera Capital says we’re in the next bull cycle. • Binance CEO Changpeng Zhao (CZ) warned of „profound impacts“ on the crypto industry

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• Paypal announced that it was exploring the launch of a stablecoin in early 2023. • However, the company has since put their plans on hold due to increased regulatory scrutiny of the crypto industry. • This follows recent fines and investigations issued against other cryptocurrency businesses by US regulators. Paypal Explores Stablecoin Launch in Early 2023 Payment service giant

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• Binance has made a „meaningful“ investment in Gopax, a licensed crypto exchange based in South Korea. • This marks Binance’s return to the Korean crypto market after two years of absence. • The investment is part of Binance’s Industry Recovery Initiative (IRI), which aims to help rebuild the local cryptocurrency and blockchain industry. Binance Returns to Korean Crypto Market

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