Bybit announces exit from the Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until 31 July and thereafter they...
bitFlyer restricts crypto transfers to comply with the Travel Rule
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which...
Russia to use crypto exchanges for cross-border transactions
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to...
Binance begins transition to new platform for Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the new platform will involve users...
GamStop & Crypto: fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of gamblers gambling at casino sites...
South Korea passes law requiring all officials to disclose crypto holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously passed by lawmakers and ratified...
Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is...
US DOJ investigating Binance for potential violations of Russian sanctions
DOJ’s national security division is investigating Binance. Binance is accused of enabling Russians to circumvent US sanctions. The inquiry is focusing on both Binance and...
Kenya eyes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto tax will target cryptocurrencies and...
UK Treasury opens consultation on taxation of DeFi lending and staking
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a consultation on taxation of activities...