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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
20.8.2024
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS...
Binance dominates among Chinese crypto users, X provides guidance
19.8.2024
A survey of more than 2,000 Chinese speakers shows clear favorites and frequent appeals for supernatural assistance
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud
19.8.2024
The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against...
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
19.8.2024
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow...
Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance
18.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and...
Coinbase, KuCoin, others join in Turkey crypto license application
18.8.2024
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...
Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil
16.8.2024
Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (approximately $1.75 million) to resolve a case involving the irregular offering...
Top 10 Cryptos Today: Down Between 20% and 89% From All-Time Highs
16.8.2024
In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.2% drop from...
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
16.8.2024
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes
Binance Available in India After Obtaining FIU Registration
15.8.2024
Binance, the leading global crypto exchange, has announced its return to India today. The exchange has made yet…
Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined
15.8.2024
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million
Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal Team
15.8.2024
Jailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been blocked from visiting him, violating Nigerian...
Binance returns India as registered crypto exchange following 7-month ban
15.8.2024
Binance returns to India after registering with the FIU-IND, marking its 19th global regulatory milestone
Toncoin (TON) gains 10% after Binance Launchpool platform addition
15.8.2024
Growth in its DeFi ecosystem and the upcoming Binance Launchpool addition have put wind in Toncoin’s sails
Binance reaches $1.7M agreement with Brazilian securities regulator
14.8.2024
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization
Binance Agrees to Pay $1.76 Million in Brazil Settlement
14.8.2024
Crypto exchange Binance has agreed to a settlement with Brazil’s Securities and Exchange Commission (CVM) to end the…
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
14.8.2024
The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products
Sahara AI Raises $43 Million Led by Binance Labs
14.8.2024
According to Reuters, Sahara AI, a Web3 blockchain and AI startup announced today it has raised $43 million…