U.S. Treasury Advocates Expanded Sanctions on Crypto Companies

by Александр Пирогов | Nov 30, 2023 | Blog News

The U.S. Treasury is developing new sanctions tools to combat illicit activities in the cryptocurrency sector, with recent actions against Binance and Sinbad. The initiative aims to prevent crypto use in terrorism and money laundering, prompting a push to update...

ECB’s Andrea Enria Cautions Crypto Firms on Banking Regulations

by Александр Пирогов | Nov 30, 2023 | Blog News

Andrea Enria of the European Central Bank (ECB) warns that crypto firms may face banking regulations if providing services resembling those of traditional banks. He emphasizes the need for monitoring and regulation to ensure entities in the crypto world acting as...

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,...