by Theresa Joy Lacatan | Jun 21, 2024 | Blog News, Crypto News
The Director of the Financial Intelligence Unit of India (FIU-India) has determined that Binance operated in India without fulfilling its statutory obligations under the Prevention of Money Laundering Act (PMLA). This decision follows a thorough review of...
by Theresa Joy Lacatan | Jun 18, 2024 | Blog News, Crypto News
Tether, one of the largest companies in the cryptocurrency industry, has officially launched Alloy by Tether, a new asset backed by Tether Gold. According to the official blog post, Alloy by Tether aims to redefine stability in the digital economy by combining the...
by Theresa Joy Lacatan | Jun 18, 2024 | Blog News, Crypto News
The US Supreme Court has decided to review a significant case involving Nvidia Corp.’s disclosure of its crypto mining revenue, a decision that could set a precedent for future shareholder lawsuits. Nvidia is seeking to dismiss an investor lawsuit claiming that the...
by Theresa Joy Lacatan | Jun 17, 2024 | Blog News, Crypto News
El Salvador’s President Nayib Bukele has proposed the establishment of a Bank for Private Investment (BPI) to diversify financial services offered in both U.S. dollars and Bitcoin. This initiative, announced by Milena Mayorga, the Salvadoran Ambassador to the United...
by Theresa Joy Lacatan | Jun 17, 2024 | Blog News, Crypto News
The Australian Securities Exchange (ASX) has approved its first spot Bitcoin exchange-traded fund (ETF), which will commence trading on 20 June, 2024. The VanEck Bitcoin ETF (VBTC) will be issued by investment firm VanEck, as confirmed in a press release shared with...
by Theresa Joy Lacatan | Jun 15, 2024 | Blog News, Crypto News
In a move towards self-regulation ahead of anticipated government action, 24 leading cryptocurrency companies in Taiwan have joined forces to establish the Taiwan Virtual Asset Service Provider (VASP) Association. Announced on 13 June, 2024, this association aims to...
Quantum Updates 50 | June 2025
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance