Binance Research@BinanceResearch P.745

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Binance Research@BinanceResearch P.745

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Binance Research

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ El Salvador plans to relax its requirement for local businesses to accept Bitcoin as payment, making it voluntary rather than mandatory. This shift aims to secure over $3 billion in loans, including a potential $1.3 billion loan from the International Monetary Fund (IMF).
2/ Binance has unveiled a new version of its wallet, the Binance Wallet, featuring a unified wallet, revamped airdrop zone, and a new interface. These upgrades emphasize the "Seamless" theme, aiming to enhance asset management, streamline airdrop access, and elevate the overall user experience, making the platform easier to navigate.

3/ The Hong Kong Government has gazetted the Stablecoins Bill to regulate issuers of fiat-referenced stablecoins in Hong Kong. Set for its first reading in the Legislative Council (LegCo) on December 18, the Bill aims to enhance the regulatory framework for virtual assets, address financial stability risks, ensure user protection, and leverage the benefits of virtual assets and their technologies.

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3.1K viewsDec 13 at 15:36

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Create: 2024-12-13
Last Update: 2025-01-19 21:29:38

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ El Salvador plans to relax its requirement for local businesses to accept Bitcoin as payment, making it voluntary rather than mandatory. This shift aims to secure over $3 billion in loans, including a potential $1.3 billion loan from the International Monetary Fund (IMF).
2/ Binance has unveiled a new version of its wallet, the Binance Wallet, featuring a unified wallet, revamped airdrop zone, and a new interface. These upgrades emphasize the "Seamless" theme, aiming to enhance asset management, streamline airdrop access, and elevate the overall user experience, making the platform easier to navigate.

3/ The Hong Kong Government has gazetted the Stablecoins Bill to regulate issuers of fiat-referenced stablecoins in Hong Kong. Set for its first reading in the Legislative Council (LegCo) on December 18, the Bill aims to enhance the regulatory framework for virtual assets, address financial stability risks, ensure user protection, and leverage the benefits of virtual assets and their technologies.

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Date: 2025-01-19|

It’s yet another bloodbath on Satoshi Street. As of press time, Bitcoin (BTC) and the broader cryptocurrency market have corrected another 10 percent amid a massive sell-off. Ethereum (EHT) is down a staggering 15 percent moving close to $1,000, down more than 42 percent on the weekly chart. Telegram offers a powerful toolset that allows businesses to create and manage channels, groups, and bots to broadcast messages, engage in conversations, and offer reliable customer support via bots. Judge Hui described Ng as inciting others to “commit a massacre” with three posts teaching people to make “toxic chlorine gas bombs,” target police stations, police quarters and the city’s metro stations. This offence was “rather serious,” the court said. Co-founder of NFT renting protocol Rentable World emiliano.eth shared the group Tuesday morning on Twitter, calling out the "degenerate" community, or crypto obsessives that engage in high-risk trading. Add the logo from your device. Adjust the visible area of your image. Congratulations! Now your Telegram channel has a face Click “Save”.!
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