Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.
Headline
Month: June 2023
Slovakian parliament votes to approve lower crypto taxes
A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale.
Canadian committee proposes measures to support blockchain, crypto
The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors.
ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft
AI technology has gained a lot of traction over the past year, with the European Union and the United States already proposing legislation to regulate […]
US considers tightening restrictions on AI chip exports
Officials in the United States are considering restricting the computing power of chips to lessen the flow of AI chips available in the Chinese market.
Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams.
Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’
Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%.
EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’
SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial.
Sui Foundation denies it sold locked staking rewards on Binance
Sui was accused of dumping locked and non-circulating staked SUI tokens on Binance.