Regulation

Binance, the popular crypto trading platform, recently achieved a significant regulatory milestone by registering with India’s Financial Intelligence Unit (FIU-IND). This move marks the expansion of Binance’s compliance to 19 different jurisdictions, setting a new standard in the industry. The exchange views these registrations as a testament to its commitment to anti-money laundering (AML) standards
Binance, one of the world’s largest cryptocurrency exchanges, has recently faced regulatory scrutiny in Brazil. The Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, conducted a year-long investigation into Binance’s activities in the country. The investigation unveiled allegations of unlicensed derivatives trading, prompting the CVM to take action against the exchange. Despite warnings and orders
Coinbase, a leading cryptocurrency exchange, has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). The company’s Chief Legal Officer, Paul Grewal, argued in a letter to SEC Secretary Vanessa A. Countryman that the proposed rule is deeply flawed and
Tyler Winklevoss, co-founder of Crypto exchange Gemini, recently took to social media to criticize the crypto stance of Vice President Kamala Harris, labeling it as a “scam”. This comes in light of the Federal Reserve’s crackdown on Customers Bank, a crypto-friendly bank in the U.S. Winklevoss’ comments come shortly after Harris failed to attend a
The ongoing legal battle between the US Securities and Exchange Commission (SEC) and Coinbase has taken a contentious turn, with the SEC firmly opposing Coinbase’s motion to compel additional discovery. The dispute revolves around Coinbase’s extensive requests for documents, which the SEC argues are irrelevant and overly burdensome. Key Points Against Coinbase’s Motion In a