Indian Finance Ministry Mulls Crypto Rule
India has announced its intention to carefully assess and determine its stance on cryptocurrencies in the upcoming months, drawing inspiration from the global consensus reached...
IRS Proposes Guidelines For Crypto Brokers
The US Department of the Treasury and the Internal Revenue Service (IRS) have unveiled a comprehensive set of proposed guidelines outlining the reporting obligations of...
Revolut Drops ADA, MATIC, SOL Tokens Amid US Regulations
Revolut, the digital banking service, has made the decision to discontinue support for Cardano’s ADA, Polygon’s MATIC, and Solana’s SOL tokens on its US platform...
Thailand Implements Stricter Rules For Crypto Businesses
In a recent meeting, the Board of Directors of the Securities and Exchange Commission (SEC) passed resolutions to enhance regulations and disclosure requirements for cryptocurrency...
Singapore Tightens Crypto Rules: Customer Asset Safeguards Required
In a bid to safeguard customer assets and enhance investor protection, Singapore will require cryptocurrency exchanges to keep customer assets in a trust by the...
Vitalik Buterin Concerned About US Crypto Regulation
Ethereum (ETH) creator Vitalik Buterin has expressed apprehension regarding the approach of the United States towards cryptocurrency regulation, specifically highlighting the potential consequences for projects...
Brazil Empowers Central Bank To Regulate Cryptocurrency Firms
Brazilian President Luiz InĂ¡cio Lula da Silva has signed a new law granting regulatory authority to the country’s central bank over cryptocurrency firms, while ensuring...
Nigeria’s SEC Orders Binance To Halt Operations
Nigeria’s Securities and Exchange Commission (SEC) has taken action against Binance, the world’s largest cryptocurrency exchange, ordering the company to cease its operations in the...
Bybit Joins Other Exchanges In Exiting Canadian Market
Bybit, a prominent cryptocurrency exchange, has announced its decision to exit the Canadian market starting May 31, citing recent regulatory developments in the country. This...
OKX Expands To France, Seeks Regulatory Approval
Cryptocurrency exchange OKX has recently made significant moves towards expanding its operations in Europe. The company has officially applied for regulatory approval in France and...