Crypto regulations Financial News

13.01 / 06:39

Binance Crypto regulations compliance India Blocks Websites of Offshore Crypto Exchanges After Non-Compliance Warning

India blocked access to websites of several offshore crypto exchanges, including Binance, Kucoin, OKX , Gate.io and many others on January 12 . This action followed the removal of these platforms from the Apple App Store in the country just a few days earlier.

11.01 / 10:01

RBI Crypto regulations NOT RBI Governor Remains Critical of Crypto, Says World Can Not Take Crypto Mania Like Tulip Mania

The governor of the Reserve Bank of India, Shaktikanta Das, has reiterated the central bank’s negative stance on crypto. He said that the RBI’s position on cryptocurrency remains unchanged.

10.01 / 06:16

Binance Crypto regulations Apple Store Removes Binance and Other Global Exchanges’ Apps in India Amid Wider Crackdown

The mobile applications of several global cryptocurrency exchanges, including Binance, Kraken, Mexc, and Kucoin, have disappeared from Apple’s App Store in India.

08.01 / 05:48

Upbit Crypto regulations Upbit Secures Major Payment Institution License from Monetary Authority of Singapore

South Korea’s leading crypto exchange Upbit’s subsidiary Upbit Singapore announced that it has received a Major Payment Institution License from the Monetary Authority of Singapore.

05.01 / 13:00

coindcx Crypto regulations CoinDCX Reports 2000% Increase in Deposits Since India’s Crackdown on Offshore Exchanges

India’s leading crypto exchange CoinDCX has reported a 2000% increase in deposits from customers since the finance ministry issued a show cause notice to 9 major offshore exchanges, including Binance on December 28.

04.01 / 17:31

Crypto regulations Financial Nigeria’s Central Bank Rolls Out Regulations For Financial Institutions Dealing with VASPs

The Central Bank of Nigeria (CBN) has issued new regulations to guide banks and other financial institutions that offer domestic accounts for virtual assets service providers (VASPs).

04.01 / 11:10

Huobi Crypto regulations Huobi Korea Announces Closure Citing Challenging Business Environment

South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.”

19.12 / 06:20

Reserve Bank of India Crypto regulations Indian Government is Actively Collaborating With Crypto Industry: Liminal Custody’s Country Head

As we conclude 2023, the Indian and global crypto industry went through quite a few milestones in terms of regulatory developments.

07.12 / 07:43

Web3 Crypto regulations Parliament of India Holds Discussion on Future of Web3

The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6.

23.11 / 06:24

Provident Progressive Action Crypto regulations President country Indian Finance Minister Shares Progress on Crypto Roadmap Implementation at Virtual G20 Summit

India’s Finance Minister Nirmala Sitharaman shared the latest advancements in the implementation of the crypto regulation roadmap during the virtual G20 Leaders’ Summit yesterday.

22.11 / 06:09

Binance Crypto regulations sentencing 2024 Former Binance CEO CZ Released on $175 Million Bond, Sentencing Hearing Set for February 2024

The founder and former CEO of Binance, Changpeng “CZ” Zhao, has been released on a $175 million personal recognizance bond.

21.11 / 08:03

Crypto regulations Bittrex information Bittrex Global to Halt All Trading in December as it Winds Down Operations

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

17.11 / 06:57

Platform Huobi Crypto regulations Nikkei reports Futu Holdings Subsidiary PantherTrade Seeks Crypto Trading Platform License in Hong Kong

So far six companies, including Panthertrade (Hong Kong) Limited, a subsidiary of Futu Holdings (US: FUTU),have filed for a virtual asset trading platform license in Hong Kong.

16.11 / 06:55

Binance Crypto regulations Binance and Gulf Energy’s Joint Venture to Launch Crypto Exchange in Thailand

In a strategic collaboration, Binance Holdings Ltd. and Gulf Energy Development Pcl are set to launch a cryptocurrency exchange in Thailand early next year.

15.11 / 08:31

Provident Digital Progressive CEO Crypto regulations services Hex Trust Crypto Custodian Hex Trust Secures Full Operating License in Dubai for Institutional Services

Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced today.

09.11 / 10:37

Crypto regulations crypto tax Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshores: Report

The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre.

07.11 / 14:25

Blockchain Crypto regulations Kenyan Blockchain Association to Issue First Draft of The Country’s Crypto Regulation

The Blockchain Association of Kenya (BAK) has announced that it will prepare the first draft of the country’s blockchain legislation as it seeks to join the list of nations with proper rule clarity.

06.11 / 07:55

CBDC Crypto regulations India’s Central Bank Governor Warns Crypto Poses Higher Risk to Emerging Markets

Reserve Bank of India (RBI) Governor Shaktikanta Das has once again warned about the threats that cryptocurrencies pose to global financial stability, particularly for emerging market economies.

06.11 / 05:29

Crypto regulations spot bitcoin ETF Spot Crypto ETFs crypto ETFs Hong Kong is Considering Allowing Spot Crypto ETFs, SFC Head Reveals

Hong Kong is considering allowing spot exchange-traded funds (ETFs) that directly invest in cryptocurrencies.

02.11 / 10:29

Crypto regulations Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank

At the KUN & Hashkey Exchange strategic cooperation signing ceremony held earlier today, Dr. Xiao Feng, the founder of Hashkey Group, announced plans to issue a stablecoin backed by the Hong Kong dollar.

01.11 / 07:37

Blockchain Citi Digital Crypto regulations reports digital asset exchange Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange

South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange.

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