SEC Replies to Coinbase Suit, Says It Will Continue Policing Without Rules
The US SEC has responded to Coinbase’s lawsuit, saying it will continue to use enforcement as a substitute for rulemaking.
Regulation News
Russia’s Federal Tax Service to Regulate Cryptocurrency Industry
Russia’s cryptocurrency industry will be primarily regulated by the Federal Tax Service, according to the country’s Deputy Minister of Finance. Also involved in this regulatory framework will be the Federal Financial Supervisory Service and the Central Bank. Stay updated with us for more on this developing story! #CryptoRegulation #Russia #CryptoNews
Binance Joins Exchange Exodus From Canada, Binance Canada in the Works?
Binance will be exiting Canada citing new rules, although the exchange is still looking for ways to return to the market again.
Texas Lawmakers Propose Cryptocurrency Amendment in Bill of Rights
Big news from Texas! Lawmakers propose a constitutional amendment to include cryptocurrency in the state’s Bill of Rights. Follow us for more updates on this significant development!
UK Draws Flak Over Proposal to Seize BTC From Exchanges
People called out the UK’s possible overreach should it allow the country’s tax authority to seize crypto from those who don’t pay taxes.
Brian Armstrong Hints at Potential Coinbase Relocation to UAE
Brian Armstrong lauded the UAE for its “forward-thinking” approach to crypto, hinting at a potential Coinbase relocation to the Gulf nation.
Do Kwon Extradition to South Korea More Probable Than US: WSJ
South Korean prosecutors believe they will get Do Kwon extradited from Montenegro. South Koreans were the most affected by the Terra fiasco.
