According to Crypto Rover, several leading South Korean banks are actively urging the government to grant regulatory approval for offering Bitcoin (BTC) and cryptocurrency services. This development signals potential institutional entry into the South Korean crypto market, which could increase liquidity and drive trading volumes for BTC and other digital assets in Asia. If approved, the move is expected to enhance mainstream adoption, potentially influencing regional and global market sentiment and pricing. Source: Crypto Rover via Twitter, June 23, 2025.

According to Richard Teng on Twitter, Binance has actively contributed to the Hong Kong Police Force’s (HKPF) 2024 Cyber Security Report, reinforcing its commitment to improving security and trust within the Web3 and cryptocurrency sectors (source: @_RichardTeng, Twitter, June 6, 2025). This partnership with a major government authority highlights Binance’s focus on strengthening global security standards, which is likely to support increased institutional confidence and could influence trading volumes and investor sentiment in the crypto market, especially in Asia.