#Regulation

4 Minutes

Alt Coins Crypto News

Breaking: Circle reveals $3.3 billion linked to Silicon Valley Bank

adeel010 March 11, 2023 0 Comment

Circle, a blockchain payment technology company that also issues USD Coin USDC, verified on March 10 that wire transfers intended to remove balances that were started on Thursday had not yet been completed, leaving...

2 Minutes

Bitcoin Crypto News

Biden intends to double capital gains and crack down on cryptocurrency “wash sales,”

adeel010 March 9, 2023 0 Comment

Future budget proposals from U.S. President Joe Biden include a planned doubling of capital gains for specific investors and a crackdown on cryptocurrency “wash sales,” which will come as a surprise to cryptocurrency traders...

2 Minutes

Bitcoin CEX Crypto News

India enforces anti-money laundering laws on crypto trades

adeel010 March 8, 2023 0 Comment

Anti-Money Laundering (AML) requirements for cryptocurrencies are nothing new, but it has only recently been decided by the Indian government to inform all interested parties of their duty to adhere to local AML laws....

2 Minutes

Bitcoin Crypto News

Judges hear formal arguments in Grayscale lawsuit against SEC for rejecting BTC spot ETF.

adeel010 March 8, 2023 0 Comment

On March 7, a group of judges heard oral arguments in the Grayscale Investments lawsuit against the Securities and Exchange Commission (SEC). Grayscale is contesting the SEC’s decision to reject its proposal to establish...

2 Minutes

CEX Crypto News

Binance is minimizing its need for stablecoins as BUSD prohibition

adeel010 March 6, 2023 0 Comment

After the Securities and Exchange Commission of the United States (SEC) took regulatory action against its native stablecoin, BUSD, Binance turned to a new group of stablecoins. BUSD is allegedly in violation of US...

2 Minutes

CEX Crypto News

CZ condemns the “widely” circulated lie on WeChat in China

adeel010 March 6, 2023 0 Comment

Changpeng “CZ” Zhao, CEO of Binance, has refuted a rumour that “spread extensively” across a Chinese messaging platform that claimed he had been “shot” by a federal law enforcement agency in the United States....

3 Minutes

Alt Coins Crypto News

Austin Federa, US regulators have “lack of appetite” for blockchain initiatives

adeel010 March 4, 2023 0 Comment

Austin Federa, director of strategy at the Solana Foundation, discussed the network’s outages, the effect of regulation on other projects, and the introduction of the organization’s mobile device. Federa claimed that the New York...

2 Minutes

Crypto News

India considers CBDC offline capabilities, RBI executive director

adeel010 March 4, 2023 0 Comment

According to Ajay Kumar Choudhary, Executive Director at the Reserve Bank of India, the recently released in-house central bank digital currency (CBDC), the e-rupi, is currently being tested for offline functionality. The wholesale segment...

3 Minutes

Crypto News

UAE region to open free zone for companies dealing in digital and virtual assets

adeel010 February 28, 2023 0 Comment

One of the seven Emirates of the United Arab Emirates (UAE), Ras Al Khaimah, is getting ready to establish a free zone for businesses dealing in digital and virtual assets as the nation’s approach...

1 Minute

CEX Crypto News

SEC summons Robinhood regarding crypto listings and custody

adeel010 February 28, 2023 0 Comment

Following the FTX cryptocurrency exchange’s filing for bankruptcy protection in November, Robinhood Markets (HOOD) disclosed in its most recent 10-K filing that it had gotten an investigative subpoena from the U.S. Securities and Exchange...