Turkey Set to Advance Cryptocurrency Regulation Post-Election, Says Finance Minister

by Александр Пирогов | Mar 4, 2024 | Blog News

Minister of Treasury and Finance Mehmet Şimşek has provided insights into Turkey’s cryptocurrency regulation efforts, indicating that new legislation is likely to proceed through Parliament following the upcoming election. In a joint broadcast with Habertürk TV...

Indonesia Reevaluates Cryptocurrency Taxation Amid Growing Market Integration

by Александр Пирогов | Mar 4, 2024 | Blog News

Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has urged the Ministry of Finance to review cryptocurrency taxation policies, signaling the increasing significance of crypto in the country’s economy. Executive members at Bappebti cite...

Nigeria Targets Binance Amid Allegations of Financial Crimes

by Александр Пирогов | Mar 4, 2024 | Blog News

Binance, the world’s largest crypto exchange, faces mounting challenges as Nigeria’s House of Representatives Committee on Financial Crimes demands CEO Richard Teng’s appearance by March 4th. The Central Bank of Nigeria accuses Binance of involvement...

House Financial Services Committee Advances Resolution to Repeal SEC Bulletin on Crypto Custody

by Александр Пирогов | Mar 2, 2024 | Blog News

The House Financial Services Committee of the U.S. Congress has moved to repeal SEC Staff Accounting Bulletin 121 (SAB 121), which restricts banks and financial institutions from offering cryptocurrency custody services. Resolution 109, submitted by Rep. Mike Flood...

Safeguarding Your Crypto Assets: A Guide to Preventing Hacks and losses

by Александр Пирогов | Mar 2, 2024 | Blog News

The recent surge in crypto hacks establish the importance of safeguarding your digital assets. From unauthorized access to smart contract exploits, malicious actors are constantly evolving their tactics to target users in the crypto sphere. However, by implementing...

Elon Musk Sues OpenAI and CEO Sam Altman Over Alleged Betrayal of Non-Profit Mission

by Александр Пирогов | Mar 1, 2024 | Blog News

Elon Musk has filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging a breach of their founding principles. Musk contends that OpenAI’s recent partnership with Microsoft and its shift towards commercial interests contradict its original mission of...