Binance to Re-Enter Japan in August; DeFi Daily Volume Dwindles to 7-Month Lows

"The Hash" discusses some of the biggest stories of the day, including Binance planning to introduce its full service in Japan in August. This comes as the crypto exchange is withdrawing a license application in Germany. Nigeria is changing its eNaira model to encourage more use of its CBDC. Venture capital firm a16z is selling a part of its investment in crypto lender MakerDAO's MKR governance tokens. And, Sunday marked the lowest daily volume across DeFi since the turn of the year.

See also:

Binance to Reenter Japan in August 2 Years After Regulator's Warning

Binance Withdraws German Crypto License Application

Binance Says It Intends to File Motion to Dismiss CFTC Complaint

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank

DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing

Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets

This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”