India’s Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
India’s most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Binance
Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says
Rutgers Law Vice Dean Yuliya Guseva (left) and SEC Enforcement Director Gurbir Grewal (Nikhilesh De/CoinDesk)
Trust Wallet’s TWT Falls as Parent Company Binance Releases Web3 Wallet
Trust Wallet’s native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.
Binance Founder CZ’s Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg
Changpeng Zhao’s wealth dropped to $17.2 billion from a previous estimate of $29.1 billion.
U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas
U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to “expeditiously conclude” investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas.
Large Crypto Trader’s $7M LINK Deposits to Binance Signals Profit-Taking as Token Hits 17-Month High
LINK surged 9% to $11 Monday, posting one of the best monthly returns among large-cap cryptocurrencies with a 43% gain.
Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals
Paysafe, the crypto exchange’s former service provider for euro transfers ended support last month.
Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
Binance’s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.
Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit
Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn’t “plausibly alleged” various securities-related violations.