Binance receives in-principle approval to operate in Abu Dhabi
The ADGM intends to issue similar regulatory approvals to other global and local companies The Abu Dhabi Global Market has announced that the world’s biggest...
Yellen says no ‘significant’ Russian use of crypto to evade sanctions
US Treasury Secretary Janet Yellen said this while appearing before the US House Financial Services Committee on Wednesday. With sanctions hitting Russia hard since its...
Singapore adopts new law requiring virtual asset service providers to get licenses
In an attempt to implement tighter crypto rules, Singapore’s unicameral parliament has approved a law that will ensure all virtual asset service providers (VASPs) operating...
ECB is open to ‘simplified AML/CFT checks’ for small digital euro payments, official says
ECB Executive Board Member Fabio Panetta’s remarks come just a day to an EU vote likely to introduce KYC/AML checks for all crypto transactions. The...
India’s crypto tax policy takes effect on 1 April: Here’s a brief recap
In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective date of the capital gains tax set for 1 April 2022....
America’s Top 5 Pro-Crypto Politicians, Revealed
Last year, Elizabeth Warren described cryptocurrencies as the refuge of "shadowy super coders", leading commentators to criticise the ignorance of US politicians towards an increasingly...
Crypto exchange founder asks EU to investigate if Binance is ‘helping’ Russia
European Central Bank president Christine Lagarde also said this week that Russians were using digital assets to shirk sanctions. The founder of Ukraine-based crypto exchange...
US recognises crypto’s role in financial innovation, Treasury secretary Yellen says
Crypto has grown in 'leaps and bounds,' says US Treasury secretary Janet Yellen. She adds that crypto innovation in the financial system can be a...
Nayib Bukele slams the US for being ‘afraid’ of El Salvador’s Bitcoin Law
El Salvador president Nayib Bukele on Wednesday expressed disappointment at the US government for what he termed as fear of the country’s work around its...