The DeFi sector continues to witness significant advances, and this week is no exception. We have compiled the major news for you to stay updated on the latest developments and trends in this field.
Binance's Regulatory Approval in Argentina
Binance has secured regulatory approval in Argentina by registering in the Virtual Asset Service Providers (VASP) Registry. This milestone enables Argentine users to access Binance's full range of cryptocurrency services including buying, selling, and earning through the platform. Argentina marks the 20th jurisdiction where Binance has achieved this regulatory milestone.
Coinbase Delisting Stablecoins in EU
Coinbase has announced plans to delist non-compliant stablecoins, including Tether's USDT, from its European platform to align with new EU MiCA regulations. Users within the European Economic Area will need to convert these stablecoins to approved ones by December 30. Circle remains a key alternative for compliant stablecoins.
HBO Documentary on Bitcoin Creator
A new HBO documentary titled 'MoneyElectric: The Bitcoin Mystery' directed by Cullen Hoback claims to unveil the true identity of Bitcoin's mysterious creator, Satoshi Nakamoto. Set to premiere on October 8, 2024, the film delves into Bitcoin's origins and questions the implications of such a long-sought revelation.
The DeFi industry continues to surprise with new regulatory decisions and media announcements. In the next report, we will continue to monitor developments in this dynamic sector.