SEC
Binance’s Compliance Push: $200 Million and 1,000 New Hires
Binance has announced its plans to hire 1000 employees this year, especially to strengthen the compliance department. The platform’s annual regulatory compliance spending has exceeded…
Nigeria to Tax Crypto Transactions, Binance Under Scrutiny
Nigeria's FIRS targets crypto transactions with a new taxation framework in 2023. Binance faces scrutiny in Nigeria for alleged $20B untaxed turnover and tax violations.…
Terraform Labs Bankruptcy: Key Hearing Set for Sept 19
Terraform Labs' crucial bankruptcy hearing is set for Sept. 19, 2024, to approve the liquidation plan. Voting on Terraform Labs' liquidation plan is critical as…
Mango Markets Settles with SEC, MNGO Token Delists
Mango Markets, a DeFi platform, has agreed to settle with the SEC despite no formal charges. The SEC has been investigating Mango Markets for offering…
SEC’s Solana Concerns Stall ETF Launch
The SEC discussed concerns over Solana’s possible status as a security. The Cboe BZX removed the Solana ETFs’ 19b-4 filings following the SEC-ETF issuers meeting.…
Nigeria Crypto Tax: New Regulations Coming in 2024
The FIRS of Nigeria seeks support from the National Assembly to launch a new crypto regulatory bill. The proposed bill intends to bring enhancements to…
Can Kamala Harris Gain Crypto Support? Advocates Aren’t Convinced
Bill Morgan questions Kamala Harris's commitment to crypto, sparking debate among advocates. Tyler Winklevoss urges U.S. crypto voters to demand Harris end the "war on…
XRP’s Path to a New All-Time High: ETF Hopes & Wells Fargo Boost
XRP optimists predict a potential rally for the altcoin. ETF approval for XRP rose following the Ripple-SEC case conclusion. Wells Fargo’s XRP implementation suggests growing…
Senate Urged by House GOP to Overturn SEC’s Anti-Crypto Rule
The Senate passed H.J.Res. 109 to remove restrictions on financial firms' custody of cryptocurrencies, with bipartisan support. House Republicans and Democrats have shown strong support…
XRP’s Future Secure, Even with SEC Appeal, Says Ripple CLO
Stuart Alderoty says that he won’t be surprised if the SEC decides to appeal against the XRP ruling. The lawyer adds that nothing could change…
