Philippines SEC Warns Binance Over Unlicensed Operations

by Александр Пирогов | Nov 30, 2023 | Blog News

The Securities and Exchange Commission (SEC) in the Philippines issues a cautionary advisory against endorsing Binance, citing potential legal consequences under the Securities Regulation Code. Violations could result in a maximum fine of five million pesos, a 21-year...

Ex-SEC Chair Discusses Crypto Regulation

by Александр Пирогов | Nov 29, 2023 | Blog News

Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC), shared insights on cryptocurrency regulation at the Council on Foreign Relations. He mentioned that the classification debates over whether a crypto token is a security or a commodity...

Changpeng Zhao (CZ) resigns as Chairman of Binance US

by Александр Пирогов | Nov 29, 2023 | Blog News

In a strategic move Changpeng Zhao (CZ) resigns as the chairman of US Binance amid SEC Proceedings Source :...

India’s DATE 2023 Unveils Next Chapter of Technological Transformation

by Александр Пирогов | Nov 29, 2023 | Blog News

The inaugural Digital Acceleration and Transformation Expo (DATE) in India explores the nation’s vision to become a global innovation center. Finance Minister emphasizes the expo’s importance for Indian youth, offering a platform for information,...

European Parliament Urges EU Leadership in Metaverse Projects

by Александр Пирогов | Nov 29, 2023 | Blog News

The European Parliament’s Committee on the Internal Market calls for the EU to lead Metaverse projects, aiming to reduce dependence on other countries and support EU businesses. The report emphasizes the EU’s role in shaping virtual worlds based on...

Spanish Tax Authority Mandates Declaration of Overseas Crypto Holdings

by Александр Пирогов | Nov 29, 2023 | Blog News

The Agencia Tributaria in Spain introduces form 721, requiring residents with crypto holdings above 55,000 USD on non-Spanish platforms to declare their assets. The submission deadline is March 31, 2024, with the period starting on January 1. This aligns with...