Recently, Brazil’s Special Department of Federal Revenue announced its plans to collect information from foreign crypto exchanges to ensure compliance with local regulations. This move comes as part of the tax department’s efforts to understand how these exchanges operate in the country and to uncover any potential illegal activities. Deputy Secretary of Inspection, Andrea Chaves,
Exchanges
The aftermath of the FTX collapse has led to a complex legal battle over millions of dollars in assets seized from Sam Bankman-Fried (SBF) and former FTX executives. Multiple parties, including FTX debtors and a group of FTX customers, are seeking control of these assets, which include airplanes, bank funds, shares of Robinhood stock, and
The recent settlement reached between the New York Attorney General’s office and Gemini has brought attention to the risks associated with crypto lending programs. The $50 million recovery for users of the defunct Gemini Earn program highlights the importance of transparency and honesty in the crypto industry. The Gemini case serves as a cautionary tale
The copy trading market is expanding rapidly, with brokers seeking advanced solutions to meet the demands of their traders. In this context, B2Broker has introduced the new generation of its in-house investment platform, B2Copy. Unlike other platforms that focus on MT4 and MT5, B2Broker sets itself apart by offering enterprise-grade copy trading solutions and being
B2BinPay, a leading blockchain platform, has recently unveiled exciting new features in their latest version, v20. One of the key highlights of this update is the introduction of TRX staking, which is based on the advanced Stake 2.0 mechanism developed by the TRON community. This new approach to staking offers users increased flexibility, simplified interactions,
Cryptocurrency trading has seen significant growth in recent years, leading to the emergence of various platforms offering different services to cater to the needs of traders. One such platform is BloFin Exchange, which has gained recognition for its commitment to security and innovation. In a recent development, BloFin has integrated the Chainalysis blockchain data platform
Despite the longstanding dominance of centralized exchanges (CEXs) in the crypto trading industry, there has been a noticeable shift towards decentralized platforms. This shift is not only reflective of the evolving preferences of traders but also indicates a broader trend towards decentralization and security in the digital asset space. Market Sentiment Insights One of the
Robinhood made a significant announcement regarding its acquisition of Bitstamp, a well-known global cryptocurrency exchange for a whopping $200 million in cash. This deal is subject to regulatory approvals and customary closing conditions and is expected to be finalized in the first half of 2025. This move marks a strategic decision by Robinhood to expand
Bybit, the second-largest crypto exchange by trading volume according to CoinMarketCap, made a surprising announcement recently. The exchange removed China from the list of countries whose citizens are restricted from using its services. This unexpected move has sparked curiosity and speculation within the crypto community. Potential Impact on Chinese Users With China being a significant
In a recent announcement on June 3rd, Binance revealed its plans to limit the availability of “unregulated stablecoins” in the European Union by June 30. This decision is in alignment with the upcoming Markets in Crypto-Assets Regulation (MiCA) set to be fully operational by the end of 2024. Binance’s move signifies a proactive step towards
