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Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report

Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.

Global Regulators To Target Crypto Exchanges After FTX Crash

The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.
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