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Binance CEO: We Don’t See a Viable Business in India

Binance CEO: We Don’t See a Viable Business in IndiaBinance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and pro-business.” Binance’s CEO on Indian Crypto Environment The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), does not currently see […]

Brazil Prepares to Let Tradfi Institutions Embrace Crypto

Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax

Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto TaxThe number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups […]

Brazil Prepares to Let Tradfi Institutions Embrace Crypto

India Reportedly Investigating Binance in Chinese Money Laundering Case

India Reportedly Investigating Binance in Chinese Money Laundering CaseIndian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global cryptocurrency exchange Binance had any role in a Chinese money laundering scheme involving betting apps, local media […]

Brazil Prepares to Let Tradfi Institutions Embrace Crypto