[ad_1] The cryptocurrency tax regulation proposed by the President of the United States Joe Biden is causing concern among many people. These regulations require brokers (individuals who facilitate buying and selling) to…
Category: crypto regulations
US Wants “Brokers” to Man Taxpayers’ Crypto Reporting Burden
[ad_1] The US Department of the Treasury and the Internal Revenue Service (IRS) today (Friday) announced proposed new rules for “brokers” such as crypto trading platforms, crypto payment processors and digital asset…
FTX Updates Settlement Terms for “Small Estate Claims” after US Trustee’s Disapproval
[ad_1] Bankrupt crypto exchange FTX and its debtors have suggested reducing the maximum settlement value for “small estate claims” from $10 million to $7 million. The changes follow opposition from the US…
Binance Irked by SEC’s Move to Query CEO of US Affiliate
[ad_1] Binance has criticized the US Securities and Exchange Commission (SEC) for reportedly making “grossly” and “unreasonable” requests for information over the last 45 days. The regulator’s discovery requests included demands that…
Societe Generale Obtains Crypto License in France
[ad_1] French financial services giant Societe Generale has been granted a license to offer cryptocurrency services in France, becoming the first company to receive such approval in the country. Discover StealthEX.io –…
US Court Questions Coinbase and SEC on Security, Staking in First Hearing
[ad_1] Coinbase and the US Securities and Exchange Commission (SEC) had their first meeting today (Thursday) following the securities regulator’s allegations against cryptocurrency exchanges in early June. During the pre-motion hearing, the…
South Africa Imposes Licensing for Crypto Exchanges
[ad_1] Cryptocurrency exchanges operating in South Africa have until November 30 to register with the country’s financial regulator. Those who do not comply with the directives risk facing enforcement action, including fines…
Binance Enters Central Asia with Launch of Local Service in Kazakhstan
[ad_1] Binance, which obtained a permanent license in Kazakhstan in October last year, has launched a local trading platform in the Central Asian country. The new platform will offer users digital asset…