Binance Set to Return to India After $2 Million Fine for Non-Compliance

by Александр Пирогов | Apr 18, 2024 | Blog News

Binance, one of the world’s largest cryptocurrency exchanges, is poised to make a comeback in India after a four-month ban by agreeing to pay a $2 million fine for non-compliance. This move comes after India’s financial regulatory body, the Financial...

XRP Lawsuit Could Reach US Supreme Court, Says Former SEC Official

by Александр Пирогов | Apr 18, 2024 | Blog News

Former chief of the SEC’s crypto litigation unit, Ladan Stewart, hinted at the possibility of a lawsuit involving companies like Ripple and Coinbase reaching the US Supreme Court to resolve key questions about the definition of securities within the crypto space....

Norwegian Government Enacts Law to Regulate Crypto Mining Amid Environmental Concerns

by Александр Пирогов | Apr 17, 2024 | Blog News

The Norwegian government has passed a new law aimed at regulating and potentially closing cryptocurrency mining operations within its borders. The move, disclosed by local news outlet VG, reflects Norway’s commitment to reducing greenhouse gas emissions...

Bank of Israel Launches Sandbox for Testing Digital Shekel Use Cases

by Александр Пирогов | Apr 17, 2024 | Blog News

The Bank of Israel is set to launch a sandbox environment for testing central bank digital currency (CBDC) use cases. Deputy Governor Andrew Abir announced the initiative, stating that the sandbox will facilitate collaboration among financial institutions, fintech...

Bank of Korea to Accelerate Central Bank Digital Currency Project

by Александр Пирогов | Apr 17, 2024 | Blog News

The Bank of Korea (BOK) is ramping up its Central Bank Digital Currency (CBDC) project, planning a pilot program involving 100,000 participants to test the digital Korean Won by the end of 2024. In collaboration with regulatory bodies, the BOK will conduct usability...

Germany’s Landesbank Baden-Württemberg to Offer Crypto Custody Services in Partnership with Bitpanda

by Александр Пирогов | Apr 16, 2024 | Blog News

Landesbank Baden-Württemberg, the largest federal bank in Germany, is set to launch cryptocurrency custody services in collaboration with Bitpanda in the second half of 2024. The move comes in response to increasing demand from corporate clients for digital asset...