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Stablecoin pegged to Hong Kong dollar unveiled
24.7.2024
Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering to regulatory requirements
What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?
24.7.2024
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration...
Coinbase files motion to compel in ongoing fight to get Gensler’s emails
24.7.2024
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair
Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
23.7.2024
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications – but the scope of its latest request filed on Tuesday...
2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy
23.7.2024
Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme
India Maintains Crypto Tax Regulations in 2024/25 Budget
23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....
XRP price hasn’t seen $1 since 2021 — But this could change in Q4
23.7.2024
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC
Crypto Exchange Gate.io Exits Japan
23.7.2024
Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
23.7.2024
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
BlockFi Administrator Submits Plan in Court to Make Customers Whole
23.7.2024
"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc
Gate.io to wind down services for customers in Japan
23.7.2024
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services
U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
22.7.2024
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
22.7.2024
India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted
HKX joins list of crypto exchanges to quit Hong Kong market
22.7.2024
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
22.7.2024
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC)...
New Virtual Asset Protection Act Takes Effect in South Korea
22.7.2024
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations,...
President Biden Announces Decision to Not Seek Reelection (Copy of Letter)
21.7.2024
7 US States Unite to Challenge SEC’s Crypto Overreach
21.7.2024
Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed...
A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance
19.7.2024
Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission's case against Binance after publishing her ruling on Binance's motion to dismiss the SEC lawsuit
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
19.7.2024
Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In)