India’s financial regulator fines Bybit $1M, compliance status unclear
Bybit has been fined $1.06 million for PMLA non-compliance India blocked Bybit sites pausing the exchange operations in the country Bybit is seeking a VDASP license amid compliance confusion India’s…
Bitget eyes MiCA compliance with new Europe hub
Bitget has announced its plans to expand in Europe by establishing its crypto hub in Lithuania. The exchange is eyeing regulatory compliance ahead of European Union’s Markets in Crypto Assets…
Coinbase ends USDC rewards in EU amid MiCA compliance
Coinbase plans to end support for USDC earn program for EU customers on December 1, 2024. The exchange cites EU’s MiCA rules that go into full implementation on Dec. 30…
Cardano sets benchmark with early MiCA compliance
Cardano updates MiCA compliance indicators six months ahead of regulatory deadline. MiCA regulations focusing on stablecoins are already in effect since June 30. However, the broader MiCA regulations impacting crypto…
Australian tax office targets 1.2M crypto investors for tax compliance
Australian Tax Office seeks data from 1.2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax…
Bitpanda withdraws from the Netherlands amid regulatory compliance concerns
Bitpanda ceases operations for Dutch residents. The exchange has cited regulatory compliance concerns for the exit. The decision aligns with the exchange’s commitment to cooperate with local regulators in the…
Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading
Commodity Futures Trading Commission (CFTC) made a surprise lawsuit against Binance. The lawsuit has labelled Bitcoin, Ether, Binance USD, Tether and Litecoin as commodities. CFTC also made allegations of market…
Oasis Pro and Solidus Labs partner to monitor risk and increase compliance
Oasis Pro Markets, the first alternative trading system (“ATS”) regulated in the US, and… The post Oasis Pro and Solidus Labs partner to monitor risk and increase compliance appeared first…