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Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement

Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a…

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Australian Regulator Says Crypto Is a Debenture That Requires Regulation

The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued…

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Bank of Russia Supports Cryptocurrency Usage for International Settlements

The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these…

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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated…

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Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions

In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s…

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