A Brazilian congressional committee recommended that local authorities file charges against Binance CEO Changpeng "CZ" and three other Binance executives following an investigation into financial pyramid schemes in Brazil.
On October 10, the committee released a 500-page final report in which it…
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regulations
ByBit suspends operations in the United Kingdom market
The upcoming regulations that the Financial Conduct Authority will apply in the United Kingdom have caused the ByBit cryptocurrency platform to stop activities in the territory.
According to information in the local media, the new…
Cryptocurrency adoption increases in India
The adoption of cryptocurrencies in India has increased to the point of positioning the country as second in this market, according to a report by Chainalysis.
Data from this platform shows “Central, Southern and Oceanic Asia (CSAO) as one…
Binance stops P2P operations at Venezuelan bank
This Monday, users of the Binance platform for P2P operations through Banco de Venezuela reported the difficulty in carrying out their transactions.
Binance, the main platform in the world for the purchase and sale of cryptocurrencies, as…
Crypto miners could be exempted from paying taxes in the United States
The Internal Revenue Service (IRS), a US Treasury department, has released a proposal that could exempt cryptocurrency miners from paying taxes.
Under the IRS tax proposal, mining companies and individual miners would be exempted from this…
Meta adjusted its social networks to comply with EU regulations
In a major announcement, Meta, the parent company that encompasses Facebook, Instagram, WhatsApp and Messenger, revealed that it has implemented changes to its social platforms in Europe. These adjustments will allow Instagram and Facebook…
IMF urges strict regulations for cryptocurrencies
The International Monetary Fund (IMF) issued a call to States not to grant cryptocurrencies the status of official currency or legal tender, emphasizing the need to establish stricter regulations.
In a recent report, the IMF highlighted…
Binance cuts employee benefits amid reassessment
Cryptocurrency exchange Binance reportedly recently implemented reductions in certain benefits granted to its employees during the month of June, as part of the company's ongoing restructuring efforts.
According to a report published on…
Cryptocurrency expert denounces that the SEC hinders the development of blockchain technology
The United States Securities and Exchange Commission took legal action against Binance and Coinbase, raising questions about whether these actions are isolated or part of a deliberate move against the crypto space by the US regulator.…
Binance started the process for its new subsidiary in Japan
After being absent from the Japanese market for five years, crypto exchange Binance began the process of establishing a new fully regulated subsidiary in the country. This action follows the acquisition of regulated cryptocurrency platform…
European Commission imposes transparency of algorithmic systems on digital platforms
The European Commission published this Tuesday a list of digital platforms that must submit to new rules. The social networks Twitter, Facebook, TikTok are included, as well as Google and Amazon.
According to Margrethe Vestager, vice…
Central Bank of South Korea may review cryptocurrency operations and issuances
South Korea authorized the Central Bank to deepen the monitoring of cryptocurrency transactions in the country, as well as the issuances of operators with digital assets.
According to information recently published by the local outlet The…