Defense lawyer James Filan won the attorney-client privilege argument. SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to
Binance obtained a VASP certification from the Bank of Spain. Along with Binance, more than 17 firms also received the approval. The prominent cryptocurrency exchange Binance recently acquired an operating license, Virtual Asset Service Provider (VASP) from the Bank of Spain. With this license, the platform can operate in the
On July 7th, 2022, the Bank of Spain authorized this registration. The crypto exchange obtained a regulatory license in France in May of this year. Binance, the world’s most popular cryptocurrency, has received permission from Spanish authorities to begin operations. A regulatory green light was given to Binance’s Spanish affiliate
Brazil has taken steps to officially develop an investing agency. Agents will undergo special training for dealing with crypto scams. The Brazilian government has announced the creation of a new investigation team that will specifically function only for crypto-related scams and cases. The crew will undergo certain training focusing on
CoinShares is the first platform licenced with AIFM On July 4 nearly $200 million was pulled from the Vauld platform CoinShares, the European largest digital asset investment platform July 4, Monday, announced that they have acquired Napoleon assets management with approval from Autorité des Marchés Financiers (AMF), and it is
Crypto Mining to commence effectively in Russia. Mining to be soon legalized, with the bill already passed. All mined crypto to be sold outside Russia. The Central Bank of Russia (CBR) announces officially that crypto and crypto mining will be legalized back in Russia, provided all the cryptos mined in
KuCoin exchange just completed a $150 million fundraising. Spot Grid’s PRO version has been launched by KuCoin. The cryptocurrency exchange KuCoin has denied claims that withdrawals would be halted on their platform due to significant losses caused as a result of the LUNA disaster. The CEO of KuCoin, Johnny Lyu,
Regarding DFAs, platforms are exempt from VAT, exactly like securities. Foreign-based corporations will be charged a higher 15 percent tax. In Russia’s State Duma, the lower house of the Russian parliament passed a measure allowing Moscow to tax digital financial assets (DFAs) activities by altering the country’s tax code. The
The Advertising Standards Council of India (ASCI) has received nearly 500 complaints about violating the regulations according to the proposed standards. The number of complaints accounts for 453 out of which 419 were confirmed violating. The recent advertisers and influencers have produced contact majorly on crypto or digital assets. But
According to the Central Bank of Morocco governor, the bank is now working on a crypto regulatory law. According to reports from the governor of Bank Al-Maghrib, Abdellatif Jouahri, the bank’s committee is developing the appropriate framework for crypto regulation. Best Practises For Crypto Regulation The laws are shaped by
