Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

July 5, 2024 Bitcoin.com

Africa

Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry. […]

Bitcoin to Reach K in 2024 and 3K by 2030, Finder Survey Predicts

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Layerzero’s ZRO Token Listed on Major Exchanges, Boosting Cross-Chain Communication Potential

June 21, 2024 Bitcoin.com

Binance

Layerzero’s native token, ZRO, has been listed on several major cryptocurrency exchanges, marking a significant milestone for the cross-chain communication protocol. Binance, Upbit, Okx, Bybit, Gate.io, Bitget, Kucoin, MEXC, and Woo X have all added ZRO to their platforms, offering various trading pairs. Layerzero distinguishes itself with its innovative approach to cross-chain communication, facilitating the […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Europe’s Eighth-Largest Economy Proposes New Tax on Crypto Transactions: Report

June 14, 2024 The Daily Hodl

Bloomberg

The eighth-largest economy in continental Europe is reportedly proposing a new tax on crypto transactions. According to a new report by Bloomberg, Turkey is seeking to raise taxes as a means of recovering its budget after it was ravaged by earthquakes in 2023. The plan would haul in an estimated $7 billion for the Turkish […]

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Indian Regulator Advocates Multi-Agency Approach for Crypto

May 18, 2024 Bitcoin.com

Binance

The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability. SEBI […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers

May 11, 2024 Bitcoin.com

Binance

Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s anti-money laundering regulations. Kucoin and Binance Registered With FIU India The Financial Intelligence Unit – India […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

India’s Anti-Money Laundering Regulator Approves Registration for Binance and Kucoin: Report

May 10, 2024 The Daily Hodl

Binance

A financial regulator in India is reportedly approving crypto exchange platforms Binance and Kucoin for business within the nation after banning them last December. According to a new report by CoinDesk, Binance and Kucoin have been approved by India’s anti-money laundering regulator, who said the crypto exchanges registering will add “a little more credibility to […]

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Litecoin Surges by Nearly 20% After US Regulator Refers to LTC as a Commodity in KuCoin Complaint

March 30, 2024 The Daily Hodl

Altcoins

Litecoin (LTC) surged by nearly 20% over the past three days after the U.S. Commodity Futures Trading Commission (CFTC) referred to the asset as a commodity in a legal complaint. On Tuesday, the U.S. Department of Justice (DOJ) and the CFTC unsealed an indictment against the crypto exchange KuCoin and two of its founders, Chun […]

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Digital Asset Traders Withdraw $208,000,000 Worth of Crypto From KuCoin Following Government Charges: Nansen

March 28, 2024 The Daily Hodl

Digital Asset Traders Withdraw 8,000,000 Worth of Crypto From KuCoin Following Government Charges: Nansen

CFTC

Crypto traders moved $208 million worth of digital assets off the embattled exchange KuCoin following the company’s indictment. The blockchain analytics platform Nansen reports that $99 million worth of crypto flowed off the exchange on Ethereum (ETH) and $108 million on Ethereum Virtual Machine (EVM) chains. KuCoin still holds more than $6 billion worth of […]

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Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities

March 28, 2024 Bitcoin.com

bitcoin.com

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a Bright […]

KuCoin