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CFTC looks to tighten its grip around Binance for evading US rules
28.3.2023
Binance and Changpeng Zhao see the CFTC, Commodities Futures Trading Commission, tightening its grip on the way they operate. According to recent developments, CFTC has alleged that Binance is into offering futures and options that are unregistered, thereby evading the US rules that it must...
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
28.3.2023
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in...
Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules
27.3.2023
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules....
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
21.3.2023
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers...
Belgian Crypto Ads Must Warn of Risks Under New Rules
20.3.2023
The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick
Resident Evil 4's Official Little Anime Rules
20.3.2023
With Resident Evil 4's remake due out this week, Capcom’s marketing for the title is swinging into high gear, and while that would not normally move any of my needles, this little anime they had made for the game is just too good.Read more
Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA
19.3.2023
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial...
Binance-Voyager deal to go without holdings, NY judge rules
16.3.2023
According to Judge Michael Wiles, any protractions with the deal will harm the interests of Voyager’s former clients, who are waiting to return their funds
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
12.3.2023
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed at preventing the need for government bailouts....
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...
Phantom Brigade, A New Turn-Based Tactics Game, Rules
8.3.2023
Hello. Do you like XCOM? Do you like the recent and excellent MechWarrior Tactics game? And most importantly, are you interested at all in the passage of time? If so, then there’s someone I’d like you to meet.Read more
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules
7.3.2023
Binance should be allowed to buy assets of bankrupt crypto lender Voyager Digital in a deal worth over $1 billion, Michael Wiles, a bankruptcy judge in the Southern District of New York, ruled today
FIFA Loot Boxes Violate Austrian Gambling Laws, Court Rules
7.3.2023
Loot boxes have been a thorn in gamers’ sides for as long as they’ve been around, with lawsuits and players deriding them as exploitative gambling mechanics. EA has been a prominent example of publishers using loot boxes, and its massively popular soccer game FIFA is no exception. FIFA’s Ultimate...
Investment Fund Focused on Crypto Mining to Be Created in Russia
3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...
French Regulator Working to Clarify New Crypto Rules, Align With EU
1.3.2023
Don’t tar all crypto with the FTX brush, the head of the Financial Market Authority told lawmakers
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
1.3.2023
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...
Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading
1.3.2023
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset...
French National Assembly Votes for Tougher Registration Rules for Crypto Firms
28.2.2023
The approval Tuesday means a new regime cast in the wake of the FTX collapse will pass into law
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...
UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized
27.2.2023
The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament