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🟠 Binance buys regulated Sakura Exchange BitCoin (SEBC) exchange in Japan.
Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency regulated entity.
Binance is suspending new user registrations in Japan as of today. The change will not affect old users
🔵 Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing 'low usage'.
The crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.
🏦 Exchange’s Proof of Reserves.
The 🔵 CoinMarketCap service has launched a feature that allows you to get up-to-date financial information about exchanges.
The Proof of Reserves (PoR) tracker checks active exchanges for liquidity transparency.
👉🏻 Trackers will update the data every 5 minutes⚡️**@CryptoWorldNews
However, they also said the Fed's closing rate will be higher than previously expected.
Expect worst 📉 before it’s get better 📈
FOMC Meeting is more important than FOMC Minutes Show
Major announcement in FOMC meeting on Dec 13-14.
🚨 7-year-old wallet moved 10,000 $BTC today.
It's the BTC-e exchange wallet related to the 2014 Mt. Gox hack.
🔵 Twitter is deploying end-to-end encryption on private messages.
🟠🔹 Binance Pay is now integrated with TrustWallet.
This integration enables users to enter the Web3 world in an easier and seamless way. Users can now transfer crypto assets from their Binance Funding Wallet to their Trust Wallet app without withdrawal fees or needing to scan/input a wallet address. Currently, the function is supported on Android, and will be available on iOS soon.
New comfort zone in crypto?
After FTX crushed, the crypto market revealed a liquidity problem. Regulators are turning their eyes to the overflow of liquidity from many major crypto exchanges to stabilize their reputation on the eve of reporting periods.
This turbulence leads to game-changing strategies and offers, and big market players start considering new sources of investments and even changes of beneficiaries. Experienced investors are taking advantage of this. Today we discovered the noteworthy proposal of $200M investments into a global crypto exchange from the European crypto millionaire and founder of two short video platforms – Cheelee and NUTSon.
This way Roman Alekseev intends to “diversify his crypto market presence and create a new comfort and secure zone for storing and managing digital assets of a multi-million audience that has absolutely no confidence in any crypto exchange now”.
Read more on Cointelegraph.