European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
Bitstamp describes itself as the “first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore.”
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Bitstamp describes itself as the “first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore.”
The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it’s also a “chance to send a message” to federal politicians who’ve declined to come up with crypto policies.
The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday.
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry’s sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc.
In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions.
Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of “committing fraud, laundering money, and financing terrorists,” according to the lawsuit.
The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.