Palmer Legals Reaching Your Expectation

Advertisements The TON blockchain went down twice within 36 hours due to an unexpected spike in transaction volumes driven by the sudden popularity of a new memecoin called DOGS. The heavy traffic caused by DOGS transactions overwhelmed the network, leading to concerns about the blockchain’s capacity to handle high volumes of activity and its overall stability. The TON blockchain recently …

Advertisements Bybit has received another VASP license, following approvals in other regions, including the Netherlands and Kazakhstan. Crypto exchange Bybit has obtained a Virtual Asset Service Provider license from Georgia’s National Bank, marking another step in the company’s global compliance efforts. In a press release on Nov. 5, the exchange stated that its registration in Georgia allows it to operate …

Advertisements Crypto custodian BitGo has announced the launch of its Singaporean subsidiary following obtaining a local license from the Monetary Authority of Singapore. On Thursday, Nov. 21, crypto custody firm BitGo announced the launch of a Singapore subsidiary to provide trading and settlement services, aiming to expand its presence in the Asia-Pacific region, according to a press release. The move …