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Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

The Daily Hodl
Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey
Binance
Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Binance, Coinbase, Bitfinex and 73 other crypto firms have applied for crypto asset service provider licenses in Turkey. In June, the Turkish government enacted a new digital asset regulatory regime that requires crypto firms to secure permission to operate from the Capital Markets Board (CMB) of Turkey, the country’s financial regulator. The CMB published a […]

The post Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey appeared first on The Daily Hodl.

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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Binance’s return to India comes with $86M tax demand

Coin Telegraph
Binance’s return to India comes with M tax demand
AML

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.

Binance recently announced its return to India on the occasion of the country’s 78th independence day — marking a fresh start to crypto adoption in one of the world’s fastest-growing digital economies.

However, the exchange still faces an $86 million tax demand from Indian authorities under the Goods and Services Tax.

Binance’s return to India is the culmination of a complex regulatory process. In December 2023, the Indian Ministry of Finance’s Financial Intelligence Unit (FIU) issued notices to several offshore crypto exchanges, including Binance, KuCoin, Bittrex, Gate.io and OKX, among others, for operating illegally in India.

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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

Bitcoin.com
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
Africa
Nigeria Aims to Include Cryptocurrencies in Tax System OverhaulThe Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud

Bitcoin.com
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto Fraud
Binance
New Hampshire Regulator Orders Cease and Desist Against Finstate Investment for Crypto FraudThe New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against losses. A retired New Hampshire resident, persuaded via Facebook to invest $3,526 in cryptocurrency with Finstate, […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings

Bitcoin.com
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
Binance
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi HoldingsBased on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance

Bitcoin.com
Latam Insights: El Salvador to Receive .61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance
Binance
Latam Insights: El Salvador to Receive .61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks BinanceWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and the Paraguayan justice system convicts an individual for energy theft crimes […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Coinbase, KuCoin, others file crypto license applications in Turkey

Coin Telegraph
Coinbase, KuCoin, others file crypto license applications in Turkey
Binance

As the Turkish Capital Markets Board continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes.

The Turkish cryptocurrency landscape is experiencing a major transformation as prominent companies like Coinbase and KuCoin compete to obtain business licenses in the country.

This surge in applications follows regulatory updates by the Turkish Capital Markets Board (CMB), marking a critical juncture for the nation’s burgeoning crypto sector.

On Aug. 9, the CMB announced that 47 cryptocurrency companies had initially applied for licenses under new regulatory frameworks. This list, however, has now expanded to 76, with notable additions such as Coinbase, KuCoin and Gate.io. 

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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Binance Goes Live in India: Full Access for Indian Users

Bitcoin.com
Binance Goes Live in India: Full Access for Indian Users
AML
Binance Goes Live in India: Full Access for Indian UsersBinance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Ethereum-Based Interoperability Altcoin Explodes After Binance Futures Listing

The Daily Hodl
Ethereum-Based Interoperability Altcoin Explodes After Binance Futures Listing
Altcoins
Ethereum-Based Interoperability Altcoin Explodes After Binance Futures Listing

An interoperable Ethereum (ETH)-based decentralized finance (DeFi) platform is skyrocketing after suddenly gaining support from Binance. In a new announcement, the world’s largest crypto exchange platform by volume says that it will be adding futures contracts for interoperability protocol Synapse (SYN). “To expand the list of trading choices offered on Binance Futures and enhance users’ […]

The post Ethereum-Based Interoperability Altcoin Explodes After Binance Futures Listing appeared first on The Daily Hodl.

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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

Bitcoin.com
Binance Pays .75 Million to Settle Irregular Derivatives Offering Procedure in Brazil
Binance
Binance Pays .75 Million to Settle Irregular Derivatives Offering Procedure in BrazilBinance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (approximately $1.75 million) to resolve a case involving the irregular offering of derivatives, including futures contracts and options, dating back to 2022. Binance […]
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Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week

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