On October 27, 2014 FinCEN issued two administrative rulings with respect to the application of its regulations on virtual currencies. These rulings are significant and guest columnist CoinXoXo helps you understand why.
Anjarwalla, Binance’s Africa regional manager, alongside the financial crime compliance officer Tigran Gambaryan, was arrested and detained on February 26, 2024.
An in-principle approval is a preliminary nod that the MAS issues to firms applying for the major payment institution (MPI) license.
The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry.
The committee is made up of top experts from about five government ministries in CAR.
Cryptiony was established to help solve one of the most fundamental challenges in the digital currency sector – filing tax reports.
India has been indecisive about whether to ban crypto or not, but it comes off as one of the nations that levy up to 28% tax on proceeds from digital currencies and their underlying trading activities.
The approach by the UK government and parliament to bring sweeping regulations to guide the crypto industry is not negating the overall perception that the technology powering the digital currency ecosystem is unique and futuristic.
The collapse of the FTX Derivatives Exchange has placed all regulators on the edge and White House Press Secretary Karine Jean-Pierre said the Biden administration is monitoring the development surrounding the trading platform and the broader digital currency ecosystem.
Binance was mandated to submit extensive internal records of its dealings and how it complied with anti-money laundering (AML) rules in the US.
The trilogy of the European Union Council, Parliament, and Commission have finally agreed on the comprehensive Markets in Crypto Assets (MiCA) framework.