The SEC lawsuit accuses Binance and CZ of various violations, including secretly allowing high-value U.S. customers to trade on the Binance.com platform despite claiming otherwise, and exercising control over customer assets, including diverting them to an entity owned by Zhao.
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Blockchain And Crypto Policy And Regulation
The growing popularity of digital assets, commonly referred as cryptocurrency, has forced regulators across the globe to rethink their approach towards it. They are now looking to strike the right balance between investor protection and fostering technological innovation. However, the vast application and fundamental difference between crypto assets and traditional financial system makes it difficult for policymaker to bring in new laws. This is going to be daunting task for them.
Stay tuned for all the policy related developments.
It will provide a bottom-up initiative where companies and entities working within regulatory frameworks can share their opinions and expertise with regulators in a public manner.
The new regulation applies to services such as trading in VDA-fiat, VDA-VDA or storing and managing VDA.
India’s Presidency of the G20 from December 1, 2022 to November 30, 2023 presents a…
Regulation should be mindful not to stifle innovation, and the public sector could leverage some of the underlying technologies of crypto assets for their public policy objectives.
This initiative enables local and international web 3.0 firms or innovators to test their products, services, solutions, business models, and policies in a live environment.
During her Union Budget speech on February 1, Indian Finance Minister Nirmala Sitharaman did not…
Rolando Brison, St. Maarten MP, pushes for blockchain technology and cryptocurrency adoption to boost the island’s economy.
So far, the Indian government looks uncomfortable and unprepared with crypto industry and has been delaying the much needed regulations.
Nigeria’s proposed bill would acknowledge cryptocurrency as ‘capital for investment’.