Binance has updated its terms of service regarding managing listed/delisted tokens on the exchange. Under Binance’s new rules, the exchange now has the authority to convert delisted crypto assets still held by its users after a certain period to any supported token of...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Commodity Futures Trading Commission (CFTC) has proposed a comprehensive revamp of its risk management regulations, emphasizing the need for firms to prepare themselves for the volatility of...
Changpeng Zhao recently seemed to ignore his number 4 rule of keeping it simple in 2023, and engaged FUD and fake news. CZ reacts to FUD contrary to his rule In a recent Twitter post, the Binance head commented on some “fake news...
Rep. Davidson plans to file legislation dismissing SEC chairman Gensler for overreaching his authority over cryptocurrency. The member of Congress in the United States proposed legislation to remove Gary Gensler from his position as head of the SEC. After the announcement, the US...
Due to regulatory uncertainty on crypto, the United States could lose 1 million web3 developer jobs over the next seven years, Coinbase writes in its new report. A report by Electric Capital stated that the U.S.’s percentage of global web3 developers has decreased...
The supreme court of Denmark in a recent judgment ruled that profits obtained from the sale of bitcoin were taxable, with the ruling applying to investors and miners. Investors and miners are to be taxed for gains on BTC sale The ruling which...
Belgium’s fiscal watchdog has updated the country’s crypto rules which mandate that crypto advertisers warn users of the risks associated with investing in crypto. The Financial Services and Market Authority (FSMA) will require notification on all primary commercial crypto campaigns as a survey...
France has taken a significant step towards implementing new cryptocurrency regulations, with the National Assembly voting in favor of stricter licensing rules for crypto firms. The move aims to bring French laws in line with anticipated European Union (EU) standards and bolster the...
The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official press release on Feb. 6, 2023, the FCA said companies operating within the U.K. and outside the country...
The CEO of the financial management company deVere Group, Nigel Green, has cautioned that the World Economic Forum (WEF), a major worldwide lobbying organization, will probably fail if it does not concentrate on regulating cryptocurrencies. Nigel Green asserts that the World Economic Forum...