Global #cryptocurrency

Binance and KuCoin, two offshore cryptocurrency entities, have received approval from India's anti-money laundering unit after being banned for operating illegally.

Toncoin (TON), the native cryptocurrency for The Open Network blockchain backed by the Telegram social network, has experienced a significant uptick, rising approximately 14% in the past 24 hours to trade around $6.9 during the mid-London session on Friday.

Notcoin (NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is gaining traction as major cryptocurrency exchanges prepare to list the token.

Harvest Global Investments, the firm behind the introduction of Hong Kong's first Bitcoin and Ethereum ETFs, is planning to extend these investment vehicles to mainland Chinese investors through the Hong Kong Stock Connect.

Canada's financial regulator, FINTRAC, has fined Binance, the world's largest cryptocurrency exchange, a hefty sum of 6 million Canadian dollars, approximately $4.4 million USD.

Apart from Bitcoin's current decrease to $62,756, analysts suggest that the cryptocurrency market might discover its lowest point in June, signaling the beginning of the next altcoin bull cycle.