What’s up for today

🇱🇦 Laos plans to use blockchain technology to digitally transform the country.

😀 Binance is discussing a proposal to allow some of its institutional clients to store their trading collateral in a bank instead of on an exchange, which could help mitigate counterparty risk.

🇦🇺 Australian Binance customers are selling BTC well below the market - on Binance Australia , BTC is trading at a discount of up to $6,000 (AU$9,000) to global markets.

🇺🇾 Tether announces an investment in energy production in Uruguay and the launch of Bitcoin mining in the country.

📉 Coinshares (weekly report on financial flows in crypto products):
Crypto products outflow continues = -$39M
BTC outflow = -$11.5M
ETH outflow = -$5.9M

🇵🇱 The largest bank in Poland PKO Bank Polski will look for IT specialists in the Decentraland metaverse — the bank wants to expand its presence in the virtual economy market with the help of VR projects, and also expressed their desire to cooperate with IT companies.

💎 Deutsche Telekom , one of the world's largest telecom operators, has become a validator for the Polygon network.

😀 Binance will stop supporting anonymous DCR , DASH , ZEC , ZEN , PIVX , NAV , SCRT , XVG , FIRO , BEAM , XMR , MOB in France, Poland, Italy.

Summing up

🇨🇦 The Canadian regulator has launched an investigation on Binance regarding the legality of the exchange serving clients from Canada.

🇦🇪 The Central Bank of the United Arab Emirates issued new guidance on combating money laundering and terrorist financing for financial institutions when dealing with virtual assets such as cryptocurrencies and NFTs.

💎 Deutsche Telekom , one of the world's largest telecom operators, has become a validator for the Polygon network.

😀 Binance will stop supporting anonymous DCR , DASH , ZEC , ZEN , PIVX , NAV , SCRT , XVG , FIRO , BEAM , XMR , MOB in France, Poland, Italy.

🔥 Media reports that Binance is carrying out a massive layoff, the exchange will lay off 20% of its 8,000 employees. UPD: Binance responded.
They’re simply shuffling and removing underperforming employees.

🚔 The team of the CNHC stablecoin, whose value is pegged to the offshore yuan, was detained by the Shanghai police.

🇬🇪 Tether, USDT issuer, invests in CityPay, Georgia's leading payment processing company.

💲 USDT today reached a record capitalization for the entire time of its existence — now, there are more than 83.2 billion USDT in circulation.

🔥 TON Foundation proposes to burn 50% of validator rewards.

Here we are

💲 USDT today reached a record capitalization for the entire time of its existence — now, there are more than 83.2 billion USDT in circulation.

📉 Bitcoin finished the first negative month in 2023 — in May, the first cryptocurrency fell by almost 7%.

🇺🇾 Buying groceries in a regular Uruguayan store with BTC.

🔥 TON Foundation proposes to burn 50% of validator rewards.

⚠️ Musk accused of insider trading in DOGE investor lawsuit.

💴 Circle to launch USDC on Arbitrum Network on June 8th

Weekly updates!

🇨🇳 Beijing releases white paper on web3 innovation and development.

⚠️ Bali will crack down on foreign tourists using crypto as a means of payment on the island.

🇱🇦 Laos plans to use blockchain technology to digitally transform the country.

😀 Binance will stop supporting anonymous DCR , DASH , ZEC , ZEN , PIVX , NAV , SCRT , XVG , FIRO , BEAM , XMR , MOB in France, Poland, Italy.

🇬🇪 Tether, USDT issuer, invests in CityPay, Georgia's leading payment processing company.

💴 Circle to launch USDC on Arbitrum Network on June 8th.

💎 Deutsche Telekom , one of the world's largest telecom operators, has become a validator for the Polygon network.

🇺🇾 Tether announces an investment in energy production in Uruguay and the launch of Bitcoin mining in the country.