COINBASE REACHES $100 MILLION SETTLEMENT WITH NYDFS FOR ITS COMPLIANCE DEFICIENCIES |1300 HKT | 0600 UKT | 6 January 2022

by Александр Пирогов | Jan 6, 2023 | Blog News

US-based cryptocurrency exchange Coinbase has reportedly reached an agreement with the New York State Department of Financial Services to pay a $50 million fine for its breach of New York’s financial services and banking laws. The exchange also committed to investing...

INDONESIA PLANS TO SET UP CRYPTO EXCHANGE THIS YEAR|1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

Indonesia has reportedly planned to set up a crypto exchange this year before the Financial Services Authority takes over the Commodity Futures Trading Regulatory Agency to regulate the crypto assets market. Cryptocurrency and digital assets are now recognized as...

UKRAINE PHARMACY CHAIN PARTNERS WITH BINANCE TO ALLOW CRYPTO PAYMENT FOR ONLINE PURCHASE |1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

Ukraine pharmacy chain ANC Pharmacy has reportedly cooperated with Binance Ukraine to allow its customer to use crypto through Binance Pay for purchasing pharmacy products online. The services will first be introduced in Kyiv. Customers who want to pay in crypto must...

MOROCCO’S FIRST CRYPTO BILL WILL REPORTEDLY BE PUBLISHED SOON |1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

Morocco’s first crypto bill has reportedly been finalized by the country’s Central Bank and is expected to be introduced in the following days. The bill seeks to protect individuals while not constraining innovation and it will include a legal definition of crypto...

US REGULATORS ISSUE JOINT STATEMENT, WARNING BANKS OF CRYPTO RISKS |1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

The US Federal Reserve, Federal Deposit Insurance Corp and the Office of the Comptroller of the Currency have issued a joint statement on 3 January, warning the banks of the risks associated with cryptocurrencies. The regulators identified risks such as volatility of...

ITALY’S SENATE APPROVES 2023 BUDGET THAT INCLUDES 26% CAPITAL GAIN TAX ON CRYPTO |1300 HKT | 0600 UKT | 3 January 2023

by Александр Пирогов | Jan 3, 2023 | Blog News

Italy’s Senate approved its 2023 budget on 29 December 2022. The bill, which defines crypto assets as a digital representation of value or rights that can be transferred and stored electronically by applying distributed ledger technology or similar technology, imposes...