Chief Legal Officer of Coinbase, Paul Grewal, emphasized tha

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Chief Legal Officer of Coinbase, Paul Grewal, emphasized that ETH is a commodity, supported by both the SEC's historical stance and rulings from the CFTC and courts, challenging any SEC rejection of ETH ETP applications.

Chief Legal Officer of Coinbase, Paul Grewal, emphasized that ETH is a commodity, supported by both the SEC's historical stance and rulings from the CFTC and courts, challenging any SEC rejection of ETH ETP applications.

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For the first time in history, Binance has named its Board of Directors consisting of three independent members and four insiders. Gabriel Abed, who served as ambassador of Barbados to the UAE, was named as the Board chairman. Furthermore, Binance's CEO Richard Teng, along with three other company executives - Heina Chen, Jinkai He, and Lilai Wang are part of the Board. Chen, He, and Wang are some of the earliest employees at Binance and are named as founding team members of the exchange. The two outside members include Arnaud Ventura, managing partner at investment firm Gojo & Co, and Xin Wang, who is the CEO at Bayview Acquisition Corp. Despite the Board announcement, Binance has still not announced its global headquarters.

🇰🇷 Binance faces difficulty in South Korea's high-volume market 🔹 Binance CEO held talks with South Korean authorities regarding difficulties entering the local crypto market. Despite its global position, Binance has faced significant challenges. ▪️Recent efforts include acquiring shares in Gopax to establish presence in South Korea, yet regulatory concerns remain. ▪️CEO Richard Teng's recent visit to South Korea aimed at addressing legal hurdles highlights our commitment to resolving issues openly. ▪️Notably, Binance aims to fulfill its promise to compensate Gopax customers affected by past events.

Argentina reportedly required crypto platforms to register under new regulations, challenging the expected pro-crypto stance of President Milei's administration. This move, affecting both local and international operators, aims to meet global financial norms but is criticized for potentially stifling industry growth.

📣LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) lending, cryptocurrency swaps, integration with GameFi and non-fungible tokens (NFTs), and the pioneering use of artificial intelligence (AI).

HKVAEX, linked to Binance, will close, mandating asset withdrawals by April 30 after retracting its Hong Kong SFC license application.

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