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Binance Hit With $87 Million Tax Bill in India
6.8.2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned...
Binance Challenges $86M Tax Demand From India’s DGGI
6.8.2024
Binance, the world’s largest crypto exchange, is challenging a substantial tax notice issued by Indian authorities. The Directorate…
India demands $91.9M from Binance in unpaid GST taxes
6.8.2024
Binance faces a demand for nearly $92 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban
Binance Has Challenged India's $86M Tax Showcause Notice: Source
6.8.2024
Binance, the world's largest cryptocurrency exchange, has "challenged" a nearly $86 million tax notice from India's Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk
Binance CEO Richard Teng Urges Crypto Fans to Build Despite Market Decline
5.8.2024
Binance CEO Richard Teng remains hopeful that the cryptocurrency market will turn around following the recent crash. Teng…
Ex-Binance adviser to join Kamala Harris campaign: Report
2.8.2024
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
2.8.2024
Backlash to WasirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
2.8.2024
Backlash to WazirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express
Binance Labs Invests in Particle Network for Web3 Revolution
1.8.2024
Particle Network has recently received significant investments from Binance Labs. This investment will be used to develop a new Layer 1 blockchain. The project aims to solve the fragmentation puzzle in the blockchain world by providing Universal Accounts. Particle Network Unveils Layer 1 Solution...
SEC likely still believes SOL is a security, say crypto execs
31.7.2024
Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
31.7.2024
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...
Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve
30.7.2024
Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed...
Binance Labs invests in liquid staking platform aPriori
30.7.2024
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
30.7.2024
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges "are going to be crucial," as it remains open to "everything that is possible to help solve this situation."
Binance Labs Unveils First Batch of Season 7 Incubation Projects
30.7.2024
Binance Labs has announced the first batch of projects for its seventh-season incubation program. According to the tweet, four projects have made the list. We’re thrilled to unveil the first batch of projects that we admitted into Season...
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
30.7.2024
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning
SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit
30.7.2024
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
30.7.2024
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina, Brazil, Colombia, and Mexico, indicates that the number...
Binance address receives 600k WLD coins from Amber Group
29.7.2024
A Binance address has reportedly received 600,000 WLD tokens from Amber Group. They are collectively worth $1.42 million. The series of transfers began on May 04, 2024, and has already reached a total of 4.15 million for approximately $17.08 million. For reference, a single WLD is listed at $2.41...
Binance Completes Render Token Swap & Rebranding
26.7.2024
The largest crypto exchange, Binance, has completed the Render (RNDR) token swap and rebranded to Render (RENDER). This is part of Binance’s ongoing efforts to streamline and improve its token offerings. According to official reports, “Deposits and withdrawals for the new RENDER tokens...