South Korea's Crypto Recovery, Hong Kong's Stablecoin Bill, and ASIC vs. Binance Australia

CoinMarketCap12-22 19:56

South Korea Recovers Crypto Assets for Exchange UsersSouth Korea's Digital Asset Protection Foundation has stepped in to help users affected by the closure of several local crypto exchanges. So far, ...

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ASIC accused Binance of failing to comply with consumer safeguards, providing inadequate staff training, and lacking proper dispute resolution systems.This lawsuit is part of a broader crackdown on crypto regulation in Australia, highlighting the need for firms to play by the rules. As the crypto landscape evolves, staying informed and compliant is more important than ever.—----Find your Career Job with DeFi PlanetBrowse through our featured companies of the weekCatch up on Bitcoin and Market Stories for the week!Evaluating Hong Kong’s Drive to Be a Crypto PowerhouseSpot ETFs vs. Direct Crypto Ownership: Which Is the Better Choice?From Bans to Licenses: Nigeria’s Crypto Journey in 2024Meta’s “Diem”: A Visionary Stablecoin Undone by Politics or Design?Challenges and Opportunities for ETH in Scaling EthereumEastern Europe’s $499 Billion Crypto Surge: Key Drivers and ImplicationsSpotlight on interesting projectsTezoroTezoro is a non-custodial service that allows you to reduce the risk of losing your crypto by ~100 times by creating a backup: a smart contract that can withdraw crypto from your wallet and transfer it to a backup address even if you've already lost access to your wallet or died.Tezoro is a non-custodial service. It helps you to prepare your backup, and you confirm it via your MetaMask and deploy it directly to the blockchain.Nobody, including Tezoro, can change the amount or replace the backup address. The only thing you allow it to do is initiate the transfer at the moment you need it.For more information, visit https://tezoro.io/If you want more content like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram,  Medium. and CoinMarketCap Community.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493246406"}