Binance Faces Legal Troubles as South Korea Progresses with CBDC Pilot
- HTX exchange hacked again, loses $30M in 4th hack in 2 months
- Binance pleads guilty to BSA violations, pays $4.3B in penalties, CZ steps down as CEO
- South Korea to allow 100K people to test CBDC in pilot program
- Despite guilty plea, no "mass exodus" seen from Binance, holdings at $65B
- Bank of Korea still undecided on CBDC but sees demand for digital currency