Memecoin and AI-powered proxy issuance platform Bullshot has raised $7.7 million in funding, led by P2 Ventures and Animoca Brands, with participation from AWS, B1 Ventures, Becker Ventures, Poolz Ventures, Credit Scend, Panoray Venture, Genesis Capital, Crypto Paradise, TBV, OneAM Capital, Invest DR, Summit Golden Limited, 3Gen Digital HK Limited, and Black Tita. (Source: Thecryptoupdates)
Binance, through its entity BBrasil, has submitted an application for a cryptocurrency service provider license to the Central Bank of Brazil and adjusted its services for Brazilian users, restricting cryptocurrency lending and margin trading, while also delisting 22 crypto assets. Thiago Sarandy, General Manager of Binance Brazil, stated that the company hopes to continue dialogue with the Central Bank of Brazil in order to reinstate some products that were suspended due to regulatory compliance.
[South Korea's Democratic Party Discusses Delaying Crypto Asset Tax, No Resolution Yet] South Korea's Democratic Party held a general meeting of lawmakers on October 27 to discuss whether to postpone the cryptocurrency tax, but no formal party resolution was reached. Spokesperson Jeon Eun-soo stated that the party will listen to opinions and make a decision as soon as possible. Lawmaker Ahn Do-jeol suggested that the tax should be implemented after the Digital Basic Assets Act is enacted. South Korea's cryptocurrency tax system has already been postponed three times. If it is not postponed again, starting in January 2027, it will be taxed at a 22% rate on the portion of annual income after deducting a 2.5 million won tax exemption. The South Korean presidential office is inclined to postpone the tax. (Source: Yonhap News Agency)
Binance Leverage will delist the following full-margin leveraged trading pairs on October 30, 2026 at 14:00 (UTC+8): RE/USD1, Binance Life/U, KAT/U, BTC/USDS, ETH/USDS, AVNT/U, FET/U, Trump/U, APT/U, and WLFI/U. At that time, user positions will be closed, automatic settlement will be performed, and all pending orders will be cancelled. The delisting process will take approximately 3 hours.