Category: Regulations
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MiCA Regulations Force Binance to Overhaul Stablecoin Services
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As of June 30, 2024, the European Economic Area (EEA) will impose new regulations within the Markets for Crypto Assets (MiCA) framework, specifically targeting stablecoins. Binance, one of the world’s largest cryptocurrency exchanges, plans to roll out sweeping changes to ensure compliance, affecting everything from trading to rewards. Only regulated…
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CoinDCX CEO clarifies India’s crypto tax regulations and their impact
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Sumit Gupta, co-founder and CEO of Indian cryptocurrency exchange CoinDCX, recently spoke with crypto.news in an exclusive interview, discussing how cryptocurrency tax policies in India have impacted the industry. The introduction of taxes on cryptocurrencies in the 2022 Union Budget marked a watershed moment for the cryptocurrency economy in India.…
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Regulators Conducted Preliminary Reviews on Potential Prop Trading Regulations
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The growing popularity of trader-funded companies, marketed as leveraged trading companies, has attracted the attention of regulatory bodies. An industry source said Finance poles The European Securities and Markets Authority (ESMA) recently conducted a preliminary examination on these supporting trading companies and also discussed potential regulations in the industry. However,…
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SEC Counters Coinbase’s Petition For New Crypto Regulations
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The US Securities and Exchange Commission (SEC) has filed a counterproposal against Coinbase’s petition to set rules for the cryptocurrency industry. in A summary has been provided On May 10, the US regulator objected to Coinbase’s request, saying there was no need to create a regulatory framework for cryptocurrency assets…
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Cardano Founder And Ripple CTO Go Head To Head Over XRP Regulations And ETHGate Allegations
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The cryptocurrency community is witnessing a virtual confrontation between the founder of Cardano, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz. The two cryptocurrency giants are clashing over Ripple’s current regulatory challenges and the allegations surrounding it Ethereum portal. Hoskinson and Schwartz engage in a heated discussion Tensions…