Significant changes occurred in the DeFi and cryptocurrency world over the past week. Here are the highlights.
Binance Becomes Licensed in Brazil
Binance has become the first crypto exchange to obtain a broker-dealer license in Brazil. This achievement involves acquiring São Paulo-based platform Sim;paul, allowing Binance to distribute securities and issue electronic money within Brazil's regulatory framework.
Morgan Stanley May Add Crypto Trading
Morgan Stanley is exploring adding cryptocurrency trading to its E*TRADE platform. This potential move could position E*TRADE as one of the largest traditional financial platforms entering the crypto market.
Do Kwon Pleads Not Guilty in U.S. Court
Terraform Labs co-founder Do Kwon pleaded not guilty to nine charges related to the Terra ecosystem's collapse. Extradited from Montenegro, he was arrested in March 2023 with fake documents.
The past week has brought many changes to the world of DeFi and cryptocurrency, highlighting the sector's rapid development.
