Singh's Sentencing in FTX Crash Will Be Announced on October 30
Nishad Singh will appear in court and be sentenced on October 30 for his role in the collapse of the FTX exchange.
Oct 17, 2024Policy & Regulation
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Bitcoin Tax Increases to 42% in Italy
Italy plans to increase tax on Bitcoin capital gains to 42% and remove the 750 million euro minimum income requirement for the Digital Services Tax.
Oct 16, 2024New Cyber Security Regulations Coming to the Crypto Industry
The European Securities and Markets Authority (ESMA), the European Union's market supervisory authority, plans to subject crypto companies' cyber defenses to mandatory external audits in a bid to increase consumer protection in the face of increasing cybersecurity breaches. This move is considered an important step to increase security in the crypto industry and protect consumers.
Oct 16, 2024Statements from VARA, Dubai's Crypto Regulator
Sean McHugh, senior official at Dubai's Virtual Assets Regulatory Authority (VARA), stressed that the balance in the regulator's licensing process is right and that the perception of an unconventional friendliness in the crypto industry is wrong.
Oct 16, 2024John Deaton Criticizes Elizabeth Warren for Her Anti-Crypto Policies
While running as the Republican candidate for the U.S. Senate in Massachusetts, John Deaton harshly criticized current senator Elizabeth Warren in his first debate and took aim at her efforts to build an “anti-crypto army.”
Oct 16, 2024Trump's Lead in Prediction Markets Grows
While former US President Donald Trump increased his advantage over Vice President Kamala Harris in the prediction markets, BlackRock CEO Larry Fink stated that the US presidential elections will not make a significant difference for Bitcoin.
Oct 15, 2024Binance and Delhi Police Bust $100,000 Crypto Scam
Binance and Delhi Police have busted a $100,000 scam that duped investors with false claims about India's renewable energy initiatives.
Oct 15, 2024Harris Supports Crypto, But Tough on Taxes and Mining
According to Galaxy Research, Harris has a softer stance on crypto regulations than Biden, but is more skeptical than Trump on taxes, Bitcoin mining and self-custody.
Oct 15, 2024TD Bank Announces $1 Billion Crypto Transfers
TD Bank processed more than $1 billion in wire transfers from two international crypto platforms, according to FinCEN (Financial Crimes Prevention Network). This situation draws attention in connection with some of the problems the bank has experienced recently.
Oct 14, 2024Telegram Appoints Local Representative in Kazakhstan
Telegram's agreement to establish an office in Kazakhstan dovetails with the company's increased compliance efforts as its CEO Pavel Durov remains in France amid an ongoing investigation.
Oct 14, 2024AED Stablecoin Stands Out in UAE With Competition from Tether
While Tether remains on hold, AED Stablecoin has emerged as a frontrunner in the race to launch the United Arab Emirates' (UAE) first regulated dirham-pegged token.
Oct 14, 202478% Increase in Crypto Settlements in 2024
Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits.
Oct 14, 2024London Trader Accused of Operating Illegal Crypto ATM
Habibur Rahman, a crypto trader from London's East Ham district, has pleaded not guilty to charges of running an illegal crypto ATM business and laundering $395,000 in proceeds of crime.
Oct 11, 2024Bitnomial Claims SEC Exceeded Its Jurisdiction
Crypto exchange Bitnomial filed a lawsuit against the US Securities and Exchange Commission (SEC), claiming that the SEC exceeded its authority.
Oct 11, 2024Tigran Gambaryan's Bail Request Rejected
Judge Emeka Nwite rejected Binance executive Tigran Gambaryan's bail application at the Federal High Court in Abuja, Nigeria.
Oct 11, 2024Kingdom of Eswatini Introduces CBDC with Digital Lilangeni
The Kingdom of Eswatini is focusing on plans to develop a Central Bank Digital Currency (CBDC) with the aim of improving local access and cross-border trade.
Oct 11, 2024Crypto Restriction in Turkey!
On September 19, 2024, the Capital Markets Board (CMB) published new policy decisions and principles for the operation of crypto asset service providers.
Oct 11, 2024Stock Exchanges Have Changed with the New Law!
Following the CMB's Türkiye Crypto Law, some exchanges announced that they had removed Turkish language support.
Oct 11, 2024