Mike Novogratz has urged US authorities to take a more liberal approach toward regulating crypto. The Galaxy Digital CEO says the current onslaught on the web3 space, majorly due to Sam Bankman-Fried’s alleged fraudulent practices, is akin to “throwing away the baby with...
Prominent crypto expert Adam Cochran recently expressed on Twitter his dissatisfaction with the audacious forecast for bitcoin (BTC) by former Coinbase executive Balaji Srinivasan. According to Cochran, renowned for his views on crypto market action, Balaji’s grandiose $1 million estimate for BTC within...
The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for more investigations on fraud The U.S. Department of Justice called for the appointment...
Binance CEO Changpeng Zhao (CZ) took to Twitter to share his thoughts on the way forward for crypto regulation. Zhao made remarks in support of an article published by the IMF’s Deputy Managing Director, Bo Li, and the Fund’s Deputy Chief of Financial...
India’s local crypto institutions have collectively demanded tax reliefs on crypto investments as investors flocked to foreign exchanges following the unfavorable tax policies imposed on digital asset investments. The local industry is calling on authorities to reduce the TDS rate from the current...
While advocating for more regulations for the crypto sector in Japan, the Japanese financial regulators have also called to regulate cryptocurrency in the same manner as banking. Mamoru Yanase, the deputy director-general of the Strategy Development and Management Bureau of the Financial Services Agency,...