The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA. Poland’s Financial Supervision Authority (KNF) will supervise cryptocurrencies and impose penalties where applicable. Poland’s financial markets regulator plans to […]
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin […]
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges operating illegally in India. 1% tax on local exchanges prompts 3-5 million Indian users to […]
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging prompt declaration by citizens. The controversial omnibus bill sparks debates and protests amidst economic and […]
South Korea transforms transparency: 5,800 officials disclose assets, incl. crypto, via PETI. Pullix disrupts crypto exchange norms: PLX token presale, hybrid approach, and unique incentives. Governmental transparency and crypto innovation converge, shaping the future of […]
The US Securities and Exchange Commission (SEC) has set December 29, 2023 as the date for final changes to spot Bitcoin ETF filings. BlackRock, Grayscale and ARK Invest and other companies are all eyeing spot […]
Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said authorities had found no evidence of money laundering and tax offences against Nexo and four of its executives. […]
A United States court has entered an order against crypto exchange Binance and its former CEO, Changpeng “CZ” Zhao, that will see Binance pay $2.7 billion and CZ pay $150 million to the Commodity Futures […]
Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to United States lawmakers addressing requests for intervention by the Department of Justice (DOJ) about the illicit use of its stablecoin. The communications were […]
The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization which indicates the value of customer asset claims will be retroactively set to the time when the exchange […]
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