XRP Ledger Amendment Goes Live Today, Without Ripple’s Approval
The XRP Ledger is implementing a new amendment, and it is happening without Ripple’s approval, again.
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Binance Is Now Fully Compliant With Polish Crypto Regulations
Binance branch in Poland is now fully compliant with local regulatory standards for virtual asset service providers
Over 1% of Binance Tokens Just got Burned
BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.
Binance Launches Institutional Trading Platform
Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.
Thai SEC Introduces Crypto Custody Requirements
The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies
EU Postpones MiCA Crypto Regulation Vote to April
EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions
Updates On Case Deciding the Future of Crypto
The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]
ECB Executive Urges to Assimilate Crypto with Gambling
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
Meta Disputes $400M Fine over Personalised Ads
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
Indonesia to Create a National Crypto Exchange in 2023
Indonesia makes moves to reform national regulation of the crypto industry, aims to create a crypto exchange this year
UK Offers Tax Exemption for Foreign Crypto Investors
Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax
IRS Seeks Partnership with Crypto Companies to Fight Crime
Top Internal Revenue Service (IRS) law enforcer said the tax-collection agency wants to cooperate with the digital assets industry to fight crypto-related crime
Italy Approves 26% Tax on Crypto
The Italian Senate approved the budget legislation for 2023, including a new tax rate for crypto trading
Bank of Israel Introduces a Rate Hike
Although inflation in Israel is lower than in most Western countries, the country’s central bank raised its benchmark interest rate on Monday to stabilise the economy
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