Solana Enhances Network Speed as Crypto Regulatory Landscape Evolves in Japan and Binance Addresses UAE Inquiries
Solana Enhances Network Speed as Crypto Regulatory Landscape Evolves in Japan and Binance Addresses UAE Inquiries
Solana has successfully reduced its blockchain slot time, aiming for even lower latency, marking a significant step in network optimization. Meanwhile, Japan's crypto regulatory environment saw a major development with Laser Digital receiving the country's first crypto exchange approval in four years, signaling potential growth for institutional trading. Separately, Binance confirmed that its employees questioned in the UAE have been cleared and released following inquiries into third-party fund flows.
Solana reduced its slot time for the first time since genesis as it works toward a 200-millisecond target aimed at reducing network latency.
Nomura-backed Laser Digital Japan received registration to provide domestic liquidity before expanding into institutional crypto trading.
Binance’s employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph.