Cointelegraph By David Attlee
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.
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In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) blocked access to almost a thousand crypto exchanges serving the country’s citizens without proper registration. According to a Dec. 7 press release published on the government’s website, the FMA denied access to 980 illegal platforms in 2023. It also launched nine investigations into...
BBVA Switzerland, a Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody operations with institutional investors. According to the press release published on Dec. 7, BBVA, which has been providing Bitcoin and Ether custody since...
The United Kingdom’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange is one of the three companies owned by or affiliated with entrepreneur Justin Sun that have suffered four hacks in the last two months. The warning to...
A bill defining crypto assets as securities and imposing capital gains tax on them has made it through a Kenyan parliamentary committee. It will be introduced to the lower chamber of parliament next.According to the Kenyan newspaper Business Daily on Dec. 4, the Capital Markets (Amendment) Bill, 2023, has...
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
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The pharmaceutical company that developed one of the vaccines for COVID-19, AstraZeneca, will partner with a United States-based Artificial Intelligence (AI) biologics firm, Absci, to design an antibody for cancer. According to a Financial Times report on Dec. 3, AstraZeneca will invest up to $247 million in research and development,...
The suggestion that Hong Kong could make an “Initial Coin Offering” (ICO) appeared in a list of propositions formulated by the Hong Kong Securities and Futures Association to revitalize Hong Kong's economy. The document, signed by association president Chen Zhihua, was published on Nov. 29 and included various measures,...
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
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According to Japan’s tax authorities, while the total number of tax violations through cryptocurrencies has risen in the country, the average value of undeclared income in crypto fell by 19%.On Nov. 24, the Japanese National Tax Agency (NTA) released its yearly summary of tax investigations. The 13-page document also...
