BlockFi, currently navigating bankruptcy, is aiming to convert certain assets to facilitate easier user withdrawals. Tether, feeling the heat from US regulators, discreetly partnered with Britannia Bank & Trust, echoing a wider industry shift towards offshore banking solutions. Circle's partnership with Mercado Libre aims to introduce USD Coin to a wider audience in Chile, addressing the regional hesitancy towards the US dollar. In a politically charged decision, South Korea's parliament has chosen not to expel Kim Nam-kuk, despite his controversial involvement in a cryptocurrency scandal. Finally, Binance's introduction of its "Send Cash" solution in Latin America reflects the region's growing appetite for crypto solutions, especially amidst challenges like high inflation rates.
