Quick crypto updates.
Hey, remember the industry that isn’t the traditional US financial system?
Binance halted deposits and withdrawals for new customers in the UK after its local partner, Paysafe, said it would drop support because “the UK regulatory environment in relation to crypto is too challenging to offer this service at this time.”
And federal prosecutors are reportedly looking into Telegram conversations between traders at Jump Trading, Jane Street, and Alameda Research for signs of market manipulation around a possible TerraUSD bailout.
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