Regulations
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
An unexpected election result and last week's $230 million hack of crypto exchange WazirX appear to have dented any hopes of a reduction in the tax.
A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance
A federal judge is reviewing what role third-party tokens may play in the SEC's ongoing case against Binance.
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyber attack."
Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up
Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.
Blockchain Friendly Roberta Metsola Reelected as EU Parliament President
In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.
U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery
Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
In a new court filing, lawyers for Northern Data called the suit a “textbook example of bad faith litigation.”
