Crypto industry seeks conducive tax environment

Crypto industry seeks conducive tax environment

Crypto Tax Evasion in India: Why To Avoid?  BENGALURU: The first half of this year was a significant one for the crypto industry ­– Bitcoin touched its peak of over $73,000 in... Read more »
Binance registers with India’s financial watchdog as it seeks to resume operations

Binance registers with India’s financial watchdog as it seeks to resume operations

By Jaspreet Kalra MUMBAI (Reuters) – Binance, the world’s largest cryptocurrency exchange, has registered with India’s Financial Intelligence Unit (FIU), a senior FIU official said on Friday, as the exchange seeks to... Read more »
Canada’s British Columbia Seeks To Block Bitcoin Mining Operations

Canada’s British Columbia Seeks To Block Bitcoin Mining Operations

Despite the Bitcoin mining industry making considerable progress and growth over the last year, Canada’s British Columbia province prefers to look the other way around. Lawmakers in BC are planning crypto mining... Read more »
US Treasury Seeks Power to Implement More Sanctions on Crypto Exchanges

US Treasury Seeks Power to Implement More Sanctions on Crypto Exchanges

The US Treasury is seeking expansion of its powers to stop any kind of illicit crypto funding as well as monitoring the crypto exchanges. The US Treasury Department is looking to tighten... Read more »
FTX founder bags 25 years jail term, SEC seeks b from Ripple, Bitcoin reclaims k

FTX founder bags 25 years jail term, SEC seeks $2b from Ripple, Bitcoin reclaims $70k

Last week saw significant legal developments across the cryptocurrency sector, including Sam Bankman-Fried’s sentencing, regulators’ demanding $2 billion from Ripple, and an indictment against KuCoin.  Concurrently, Bitcoin (BTC) reclaimed $70,000 as spot... Read more »
Nigerian SEC seeks to raise crypto exchange registration fee

Nigerian SEC seeks to raise crypto exchange registration fee

Nigeria’s Securities and Exchange Commission (SEC) has proposed an amendment to the rules guiding platforms offering crypto services, suggesting a hike in the registration fee for crypto exchanges from 30 million naira... Read more »
Hong Kong securities watchdog places major crypto exchange Bybit on alert list as local unit seeks licence in the city

Hong Kong securities watchdog places major crypto exchange Bybit on alert list as local unit seeks licence in the city

Hong Kong’s Securities and Futures Commission (SFC) has warned investors about trading on Bybit, one of the world’s largest cryptocurrency exchanges, after placing the platform on an alert list, even as its... Read more »
Interim Union Budget 2024: Crypto industry seeks tax relief, setting up of SRO

Interim Union Budget 2024: Crypto industry seeks tax relief, setting up of SRO

With Union Finance Minister Nirmala Sitharaman set to unveil the Interim Union Budget 2024 on February 1, anticipation by various industries is high. In this regard, the cryptocurrency industry is hopeful that... Read more »
Nebraska bill seeks fair play for crypto mining, ownership

Nebraska bill seeks fair play for crypto mining, ownership

The Nebraska Legislature saw the introduction of a bill seeking to establish basic crypto standards in the state. On Jan. 5, Nebraska State Senator Eliot Bostar introduced the legislative bill 911, which... Read more »
Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision

Source: Pexels The Financial Services and the Treasury Bureau (FSTB), and the Hong Kong Monetary Authority (HKMA) have jointly introduced a public consultation paper outlining a legislative proposal to regulate issuers of... Read more »