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Nigerian Court Adjourns Binance Tax Evasion Trial to June 14


The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan, till June 14 due to Gambaryan's absence. The post Nigerian Court Adjourns Binance Tax Evasion Trial to June 14 appeared first on Cryptonews

Web3 in Africa: Regulatory Challenges Impede Potential Transformation


As Africa‘s Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential. Jathin Jagannath, a developer advocate for Cartesi, a Web3 rollup protocol, has pinpointed regulatory uncertainties as a major obstacle in Africa’s...

Notable Absence of Hashdex in Latest Round of S-1 Bitcoin ETF Amendments


Source: Adobe / Backcountry Media In the recent wave of amended S-1 filings by multiple asset managers on January 8, the notable absence of digital asset management firm Hashdex has caught the attention of industry observers. The firm, which already offers a Bitcoin futures-based exchange-traded...

SEC’s Absence at Binance Settlement Announcement Raises Questions


SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....

‘Historic’ BRICS Summit to Be Held Without Putin in Person


Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing that Putin will join the event via video link. Putin...

Harry Potter Quidditch Game Announced, Explains Hogwarts Legacy Absence


The reason for the glaring lack of Quidditch in the controversial RPG Hogwarts Legacy seems to be clear now: Warner Bros. Games just announced Harry Potter: Quidditch Champions, a new game set in the wizarding world that centers around the beloved fictional sport. The announcement Tweet also...

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says


Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...

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