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Bitrue is a cryptocurrency exchange platform dedicated to providing the most trustworthy digital asset management services in a simple, efficient, and secure way.
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South Korean financial authorities block websites of 27 unregistered virtual asset operators, including KuCoin and MEXC
According to reports by South Korean media etoday, the Financial Information Analysis Unit (FIU) of the South Korean Financial Services Commission stated that the Korea Communications Commission has decided to implement domestic access blocking or access suspension measures on the websites of 27 unregistered virtual asset operators, including KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, Poloniex, BTCC, and BitMart. This move further expands the scope of restrictions targeting unregistered operators from mobile app stores to internet web pages.
The U.S. Senate Advances a Resolution to Restrict the President's War Powers Regarding Iran
the U.S. Senate voted 50 to 47 to advance a procedural war powers resolution, which could force President Donald Trump to withdraw American troops from Iran without congressional approval.The U.S.-Iran conflict has now lasted for nearly three months. Although digital assets have remained largely flat over the past four months due to macroeconomic headwinds such as rising inflation, Andri Fauzan Adziima, Head of Research at Bitrue, stated that the advancement of this resolution is a strong bullish catalyst for cryptocurrencies and could trigger a 6% to 10% relief rally in Bitcoin in the coming days. As of press time, Bitcoin has held steady near $76,500 over the past 24 hours. (cointelegraph)