Binance’s return to India comes with $86M tax demand
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.
Related Posts
MEW Founder: ‘The Full Reality of ETH 2.0 Is Still Years Away’
MyEtherWallet’s founder believes ETH 2.0’s beacon chain will launch this year but says the ‘full reality’ is still some way off. Kosala Hemachandra, the founder of MyEtherWallet (MEW), has told Cointelegraph the fully-fledged version of ETH 2.0 is still years away.The first phase of the Ethereum 2.0 upgrade was originally set for Jan 2020 but…
French Tobacco Shops Start Selling Bitcoin Despite Regulatory Uncertainty
Several tobacco shops in Paris, France, have started selling Bitcoin (BTC) for fiat despite regulatory uncertainty, Reuters reports Tuesday, Jan. 8.Reuters has learned that the world’s largest cryptocurrency can now be purchased at six tobacco shops throughout Paris. However, in a contradicting report French magazine Capital has claimed that there are as many as 24…
Liechtenstein Bank Issues Own Crypto Stable Coin, Aims to Become ‘Blockchain Investment Bank’
Liechtenstein bank Union Bank AG announced it was issuing its own security tokens and in-house cryptocurrency backed by fiat in a press release Friday, August 17. Union Bank, which has concentrated increasingly on blockchain this year, said issuing its so-called “Union Bank Payment Coin (UBPC)” was a further step towards becoming a “full-service blockchain investment…
Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia
Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul.To commemorate the move, Cointelegraph hosted an event in the city’s financial district,…
Crypto lawyer about SEC: ‘Problematic to imply all NFTs are securities’
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators. 189 Total views 1 Total shares The United States Securities and Exchange Commission’s (SEC) first enforcement action on a nonfungible token (NFT) project triggered responses…
Cumulative traffic to exchanges increased by 8% in October — report
The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.
Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime. 1561 Total views 28 Total shares Chainlink (LINK) is integrating with CenterPrime to bring a foreign exchange, or FX, rate data feed from the Korean banks to the DeFi space.“A breakthrough for Korean fintech industry”CenterPrime, a Hyperledger based…
BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently
BlackRock questioned the SEC's preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and futures ETFs. 111 Total views 1 Total shares BlackRock has argued that the U.S. Securities and Exchange Commission doesn't have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently.