India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax […]
Category: Regulation News
Martial law causes Bitcoin crash to $65K in South Korea — Here’s why
One analyst said South Korea’s limiting of the market to a few players caused a sudden decrease in liquidity.
Ripple’s RLUSD stablecoin: Here’s what you need to know before launch
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
Crypto compliance ‘no longer optional’ under Australia’s new draft guidelines
Sweeping proposed changes would force most crypto firms in Australia to obtain financial licensing, which some worry could drive innovators offshore.
Russia sentences Hydra market founder to life in prison
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market […]
Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.”
Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company […]
Kalshi gives Paul Atkins 93% odds to be Trump’s SEC Chair pick despite mixed reports
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.
Trump admin unlikely to change Tornado Cash approach, Coinbase warns law firms: Law Decoded
The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing.
‘I don’t believe in chasing narratives’: Gabby Dizon, X Hall of Flame
Yield Guild Games founder Gabby Dizon says “conviction” in gaming is more important to him than “chasing narratives”: Hall of Flame