Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao (CZ), the CEO of the cryptocurrency exchange. SEC sues Binance and CZ The United States […]
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until 31 July and thereafter they will only be able to withdraw funds. Any open positions […]
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which include Bitcoin, Ethereum and some ERC-20 tokens. Crypto transfers in […]
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to support cryptocurrency exchanges and digital assets in cross-border transactions. The […]
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the new platform will involve users undergoing fresh KYC as from August 1, 2023. Binanace acquired […]
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of gamblers gambling at casino sites not on GamStop in the UK are using crypto. Besides […]
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously passed by lawmakers and ratified on Thursday, 25 May. Strict rules around crypto holdings for […]
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two […]
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will […]
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without […]
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