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Hey there guys, you may have heard that the world largest crypto exchange, Binance was in talks with the Dubai and Abu Dhabi administration for some time now. So, that it could expand into the Arab region. But the surprise factor happened when on December 20, an announcement was made by Binance that Binance and Dubai’s World Trade Centre has officially struck a deal regarding the regulations and management of virtual assets. What does this…

The Financial Services Commission (FSC) which is the top financial regulator of South Korea has officially stated that only 29 crypto exchanges out of the 66 that were operating in the country have registered themselves with the Information Security Management System (ISMS) and has also submitted a report to the Financial Intelligence Unit (FIU) within the September 24 deadline, thus complying with the new regulations needed to run a crypto exchange within the country. This…