Starting November 1, 2026, Binance users in Brazil will need to provide the purpose of their transfer and confirm counterparty details before any cross-border crypto transaction can be processed. The change comes as Binance adapts to Resolution BCB No. 521/2025, Brazil’s Central Bank framework. It brings international virtual asset transfers
The U.S. state of Illinois has released draft rules for its new 0.2% digital asset tax, giving crypto exchanges and other service providers more detail on how the levy could work when it takes effect next year. The Illinois Department of Revenue (IDOR) posted the draft rules on September 28
Metaplanet CEO Simon Gerovich responded to criticism about disclosure practices, Bitcoin purchases, options trading, and financial reporting transparency. He said that it is easy to criticize without accountability, but he takes responsibility for all his public actions. Gerovich also denied accusations that the company’s disclosures were misleading, saying that such
The clients associated with BlackRock amassed 3,199 Bitcoins on the first day of the newfound institutional buying in the crypto markets on January 3. The total purchases estimated at $280 million were processed via the settlement infrastructure linked to the custodian services of the famous US crypto exchange, Coinbase Prime.
Australia is tightening control over crypto ATMs following a sharp rise in scam-related fraud, primarily targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced a $5,000 AUD (approx. $3,250 USD) limit on cash deposits and withdrawals at crypto ATMs, effective immediately. This move aims to reduce the
The internet brought huge changes to our daily life, mainly in terms of communication and money transactions. Cross-border communication has transformed significantly after the development of social media applications. It didn’t take much time to eliminate international calling and messaging associated with high costs and delays. Today, no one recognizes
Uniswap is one of the largest and first-ever Ethereum-based decentralized exchanges. To offer more simplified transactional services, Uniswap recently partnered with Robinhood, MoonPay, and Transak. The DeFi platform is now making crypto-to-fiat transactions available to users. In its recent announcement made on its official X account, Uniswap Labs revealed that
With the increasing use of cryptocurrency, individuals and companies are looking into the use of cryptocurrency payment gateway. Knowing the workings and the apparatus at hand may encourage the user to experiment with this payment method. In this article, we’ll delve into crypto payments, how they’re processed, and the platforms
The crypto industry has witnessed crucial events over the past few weeks. Amid the tumult of new digital assets approvals, amplified regulator scrutiny, and the July market crash, the community experienced a spur in activity. Specifically, the Tron Network and the Ethereum blockchains hit new milestones in the last 24
The co-founder of Polygon, Sandeep Nailwal has shared a Nifty table chart for the detailed cross-chain over the year 2023. This chart details the monthly basis of Ethereum’s ERC-4337 wallets. pic.twitter.com/CGxA5nB41H — Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) May 15, 2023 Comparatively, the ERC-4337 (aka EIP-4337) runs on a
