Community News:
1. Binance acquires Japanese compliant exchange Sakura Exchange Bitcoin and enters the Japanese market
Binance announced the acquisition of 100% equity of Sakura Exchange BitCoin (SEBC), a Japanese cryptocurrency trading platform service provider, officially entering the Japanese market and accepting supervision by the Japan Financial Services Agency (JFSA).
Industry News:
1. Musk’s tunnel construction company uses DOGE for payment in its transportation system
The Boring Company, the US infrastructure and tunnel construction company founded by Musk, uses Dogecoin for payments in its Las Vegas transportation system Loop and has added Google Pay and Apple Pay, the designer of the Dogecoin Foundation said on Twitter.
2. Digital asset market maker Keyrock completes $72 million Series B financing
Digital asset market maker Keyrock has completed a $72 million Series B financing round, led by Ripple, with participation from Six Fintech Ventures and Middlegame Ventures. (The Block)
Policies and Regulations:
1. The EU will propose a bill to prevent cryptocurrency service providers from evading taxes
The European Commission will propose a bill next week that will require cryptocurrency service providers in the EU to report detailed information about their customers within the EU to local national tax authorities. The document shows that the bill is aimed at preventing the use of cryptocurrencies to evade taxes. (CoinDesk)
2. CZ meets with Georgian Prime Minister to discuss Web3 economy and other topics
Binance founder and CEO Changpeng Zhao (CZ) said on Twitter that he met with Georgian Prime Minister Irakli Garibashvili today to discuss the topic of Web3 economy. Irakli Garibashvili said that Georgia is ready for the regulation of cryptocurrency exchanges.
3. Indonesia’s central bank releases CBDC white paper
Indonesia's central bank released a white paper on Wednesday on its central bank digital currency (CBDC) using blockchain technology, with central bank governor Perry Warjiyo naming the digital rupiah development project Garuda. (Reuters)