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12 Jun 23

Binance updates delisting rules in its terms of service

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has updated its terms of service regarding managing listed/delisted tokens on the exchange. Under Binance’s new rules, the exchange now has the authority to convert delisted crypto assets still held by its users after a certain period to any supported […]

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02 Jun 23

CFTC considers changing risk rules to address crypto volatility

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Commodity Futures Trading Commission (CFTC) has proposed a comprehensive revamp of its risk management regulations, emphasizing the need for firms to prepare themselves for the volatility of cryptocurrencies and the associated risks of holding customers’ digital assets. Commissioner Christy […]

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27 Apr 23

Changpeng Zhao reacts to FUD, disregarding his 2023 rules

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Changpeng Zhao recently seemed to ignore his number 4 rule of keeping it simple in 2023, and engaged FUD and fake news. CZ reacts to FUD contrary to his rule In a recent Twitter post, the Binance head commented on some […]

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17 Apr 23

US congressmen want Gensler out for overprotective crypto rules

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Rep. Davidson plans to file legislation dismissing SEC chairman Gensler for overreaching his authority over cryptocurrency. The member of Congress in the United States proposed legislation to remove Gary Gensler from his position as head of the SEC. After the announcement, […]

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30 Mar 23

Uncertain crypto rules threaten 1m US tech jobs, Coinbase warns

Due to regulatory uncertainty on crypto, the United States could lose 1 million web3 developer jobs over the next seven years, Coinbase writes in its new report. A report by Electric Capital stated that the U.S.’s percentage of global web3 developers has decreased from 40% to 29% over the past six years. The United States […]

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30 Mar 23

Denmark’s supreme court rules bitcoin profits are taxable

The supreme court of Denmark in a recent judgment ruled that profits obtained from the sale of bitcoin were taxable, with the ruling applying to investors and miners. Investors and miners are to be taxed for gains on BTC sale The ruling which was given on March 30, 2023, involved two cases where the court […]

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20 Mar 23

Belgium introduces new crypto ad rules

Belgium’s fiscal watchdog has updated the country’s crypto rules which mandate that crypto advertisers warn users of the risks associated with investing in crypto. The Financial Services and Market Authority (FSMA) will require notification on all primary commercial crypto campaigns as a survey incriminates crypto investors for engaging in get-rich-quick schemes. The new regulations on […]

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01 Mar 23

France’s National Assembly approves stricter licensing rules for crypto firms

France has taken a significant step towards implementing new cryptocurrency regulations, with the National Assembly voting in favor of stricter licensing rules for crypto firms. The move aims to bring French laws in line with anticipated European Union (EU) standards and bolster the country’s reputation as a crypto hub. The final vote tally saw 109 […]

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06 Feb 23

UK regulators to set new rules for crypto ads

The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official press release on Feb. 6, 2023, the FCA said companies operating within the U.K. and outside the country will be made to comply with the new crypto advertising rules. The […]

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16 Jan 23

deVere CEO says WEF must focus on crypto rules

The CEO of the financial management company deVere Group, Nigel Green, has cautioned that the World Economic Forum (WEF), a major worldwide lobbying organization, will probably fail if it does not concentrate on regulating cryptocurrencies. Nigel Green asserts that the World Economic Forum will “spectacularly fail” if the agenda item for the Davos summit in […]

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