Spanish Tax Authority Mandates Declaration of Overseas Crypto Holdings

by Александр Пирогов | Nov 29, 2023 | Blog News

The Agencia Tributaria in Spain introduces form 721, requiring residents with crypto holdings above 55,000 USD on non-Spanish platforms to declare their assets. The submission deadline is March 31, 2024, with the period starting on January 1. This aligns with...

CFTC Seeks Coinbase User Data in Suspected Bybit Probe

by Александр Пирогов | Nov 29, 2023 | Blog News

Crypto exchange Coinbase notifies users of a Commodity Futures Trading Commission (CFTC) subpoena, demanding user account details and transaction history. The CFTC is potentially preparing for legal action against Dubai-based exchange Bybit. Source:...

Binance appoints Richard Teng as the new CEO

by Александр Пирогов | Nov 28, 2023 | Blog News

Richard Teng, the recently appointed CEO of Binance, has released his first statement, expressing confidence and resilience by stating, “We have turned the page on Binance’s historical challenges, and we are, in fact, stronger today than we have ever...

Binance CEO barred from leaving USA: DOJ

by Александр Пирогов | Nov 28, 2023 | Blog News

“Following Zhao’s guilty plea, a magistrate judge allowed his release on a $175 million personal recognizance bond, but the U.S. Department of Justice, expressing concerns about flight risk, the former Binance CEO, is barred from leaving the U.S. while...

Standard Chartered Leads in Global Integration of China’s CBDC Yuan

by Александр Пирогов | Nov 28, 2023 | Blog News

Multinational banking powerhouse Standard Chartered is spearheading the integration of China’s CBDC into the global financial system. Through collaboration with City Bank Clearing Services, Standard Chartered’s Chinese division now offers exchange...

Dutch court orders Exchange to unmask user Identity

by Александр Пирогов | Nov 28, 2023 | Blog News

In a recent development, a scammer utilizing an HTX wallet defrauded a local resident of €1.2 million ($1.3 million), prompting action from the Netherlands’ financial crime unit. An Amsterdam court has ruled that HTX must disclose the scammer’s full...