19 seconds ago | 2 mins read Bitcoin News Know Your Customer standards will become more than simply a recommendation. Crypto and NFT businesses in India are now considered “reporting entities.” Despit...
Tag: Entities
India’s Crypto Firms Get ‘Reporting Entities’ Status Like Banks
Although the Indian government and central bank have been critical of the crypto market, they are working to bring some regulatory clarity to the matter. Earlier today, India’s Ministry of Finance iss...
Binance Operated Under 2 Entities to Avoid Scrutiny, WSJ Claims
Binance embarked on a plan to disarm U.S. authorities out of fear of prosecution, claims a new report by The Wall Street Journal. The paper alleges that Binance was prepared to defuse the risk of pot...
FTX’s Turkish Entities Dismissed From US Bankruptcy Proceedings
Delaware bankruptcy court Judge John T. Dorsey on Monday signed an order approving the dismissal of FTX’s Turkish entities from the collapsed exchange’s U.S. bankruptcy proceedings. The order was sig...
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings – Bitcoin News
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the e...
New York State Senate Proposes For Crypto Payments in State Entities
5 hours ago | 2 mins read Bitcoin News State agencies would be free to sign agreements with people to offer acceptance. Clyde Vanel, a Democrat in the Assembly, proposed the bill. The goal of a new me...
Huobi clarifies Korean operations: Two separate entities aiming at same market
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea. Following the report about Huobi Korea’s planned buyout of its shares from Huobi G...
SEC Alleges CoinDeal Being 45 Mn USD Fraudulent Scheme; Charges Eight Individuals and Entities
The accused promised return on investment up to 500,000 times Investigation is still going on by the financial authority officials The United States Securities and Exchange Commission (SEC) recently ...
Marshall Islands passes law recognizing DAOs as legal entities
The Republic of the Marshall Islands (RMI) announced on Dec. 22 that it had enacted the Decentralized Autonomous Organizations Act of 2022. The law formally recognizes DAOs and allows legal entities r...
Coinbase CEO Calls for Regulation of Centralized Crypto Entities
Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities...
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit – Markets and Prices Bitcoin News
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar...
Solana entities sold 50M tokens to FTX — How long will SOL price suffer?
Solana (SOL) has lost 60% of its market value in a week due to its exposure to the now-defunct crypto exchange FTX, which could continue to haunt the “Ethereum killer” well into the future...
Deaton and 6 Entities Officially File Amicus Briefs Supporting Ripple
– Advertisement – Seven Ripple allies officially file amicus briefs against the SEC after Judge Torres’ approval. Shortly after U.S. District Judge Analisa Torres granted the motions of 11...
Two Entities Now Supporting SEC Against Ripple
– Advertisement – Members of the XRP community have been reacting to reports of two entities filing briefs supporting the SEC against Ripple. It is noteworthy that the two entities request...
12 independent entities pledge legal support for Ripple
Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC). On Nov. 4, Ripple CEO Brad Gar...
More entities back Ripple as SEC seeks extension
The number of firms backing Ripple (XRP) against the U.S. SEC has increased to 12, with the latest being a Wyoming-based decentralized organization VeriDAO, which filed an amicus brief on Nov. 3. Acco...
Now 11 Entities Back Ripple With An Amicus Brief Vs. The SEC
The amount of supporters for Ripple Labs in its legal battle with the U.S. Securities and Exchange Commission (SEC) keeps growing. Most recently, the U.S. exchange Coinbase sent an amicus brief to the...
SushiSwap to Create Legal Entities in Panama
SushiSwap will establish physical entities in Panama They aim to avoid future legal concerns SushiSwap and other decentralized autonomous organizations (DAOs) are preparing to enhance their legal fram...
Sushi DAO approves proposal to evolve into 3 legal entities
Sushi DAO has unanimously approved a proposal to set up three legal entities in Cayman Island and Panama to manage the affairs of the protocol. Development activities in SushiSwap are managed by its c...
SushiSwap to Create Legal Entities in Panama And Cayman Islands
With regulators displaying greater interest in cryptocurrency, SushiSwap and other DAOs are gearing up to improve their legal structures to avoid unnecessary penalties or lawsuits. On October 26, Sush...
IOTA Foundation Named One of 10 Notable Blockchain Entities in Germany by EU Blockchain Forum
– Advertisement – IOTA Foundation has received recognition from the EU Blockchain Forum, being mentioned as one of ten notable blockchain entities in Germany. The blockchain scene has we...
Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC – Bitcoin News
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2...
California Financial Regulator Accuses 11 Entities of Crypto Asset-Fueled Pyramid and Ponzi Schemes
California’s Department of Financial Protection and Innovation (DFPI) says it issued desist and refrain orders for 11 entities that it accuses of engaging in fraudulent investment schemes involving cr...
Ethereum Is Now in Control of Only Two Entities
Arman Shirinyan Ethereum’s decentralization is in danger after fundamental update goes live Contents Coinbase and Lido are in control ETH’s poor price performance Decentralization has alwa...
Nansen Reports Five Entities Control About 64% Of Staked Ether
The long-awaited Ethereum upgrade, the Merge, has been released. With the transition from PoW to PoS network, the Ethereum blockchain will become more energy efficient. Also, miners will cease to be t...
64% of staked ETH controlled by five entities — Nansen
A report from blockchain analytics platform Nansen highlights 5 entities that hold 64% of staked Ether (ETH) ahead of Ethereum’s highly anticipated Merge with the Beacon Chain. Ethereum’s shift from p...
Do Kwon and Other Entities Hit With New Class Action Lawsuit for Alleged False Promotion of Terra’s Tokens
TerraForm Labs CEO Do Kwon is facing a new class action lawsuit for his involvement in the collapse of the Terra ecosystem earlier this year. Kwon is alleged to have promoted LUNA, UST and the Terra-b...
Canadian Regulator Issues New Rules on Exposure to Cryptocurrencies for Entities Under Its Supervision
The public affairs office of the Superintendent of Financial Institutions has announced an interim approach for crypto assets held by federally regulated financial institutions and will reduce the con...