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Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public

Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses PublicIndian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses public via a court affidavit, respond to user queries raised in the […]

Crypto community hopeful about new Senate leader John Thune

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal BailoutOn Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be […]

Crypto community hopeful about new Senate leader John Thune

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington MutualAfter Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for […]

Crypto community hopeful about new Senate leader John Thune

European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion

European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight EvasionMembers of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders to enjoy a simpler tax regime. European Parliament Adopts Framework for Uniform Taxation […]

Crypto community hopeful about new Senate leader John Thune

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

Belarus Moves to Allow Investment Funds to Acquire Crypto AssetsThe crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds […]

Crypto community hopeful about new Senate leader John Thune