This week has seen a range of significant events in the DeFi and crypto world. Here we provide an overview of the most important news.
Binance Receives License in Brazil
Binance has become the first crypto exchange to receive a broker-dealer license from Brazil's central bank. This allows Binance to distribute securities and issue electronic money, enhancing its services within Brazil's regulatory framework.
Morgan Stanley Eyes Crypto Trading
Morgan Stanley is contemplating the addition of cryptocurrency trading to its ETRADE platform for 5.2 million retail users. This incorporation would position ETRADE as one of the largest traditional financial platforms entering the crypto market.
Do Kwon Pleads Not Guilty in Terra Case
Do Kwon, co-founder of Terraform Labs, pleaded not guilty to nine charges related to the collapse of the Terra ecosystem. Extradited from Montenegro to the U.S. in December 2024, he faces trial in a U.S. court.
Recent events in the DeFi and crypto sectors highlight the industry's continued appeal to investors and regulators alike. Stay tuned for more updates.
