Latest News for: Offshore crypto

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Legal Clash Erupts: 2 Crypto Companies Sue US SEC Over Controversial ‘Dealer’ Rule

Bitcoinist 24 Apr 2024
Crypto Industry Takes Legal Action Against SEC. In the , the crypto firms argue that the new rule is “vague, overly broad” and fails to provide clarity on its implications for crypto market participants.
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Blockchain Association and Texas-Based Group Sue SEC Over Rule That ‘Threatens American Industry and Innovation’

The Daily Hodl 23 Apr 2024
The Crypto Freedom Alliance of Texas (CFAT) is teaming up with the Blockchain Association (BA) to file a lawsuit against the U.S ... The BA and CFAT both argue for innovative regulation that helps foster the crypto industry.
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Giovanni Caporaso Gottlieb: Understanding the Role of the “Devil’s Advocate” in Legal Practice

GetNews 23 Apr 2024
Giovanni Caporaso's law firm, located in Panama, is renowned for providing a comprehensive range of offshore legal services ... Corporate, banking, and crypto services from the best offshore jurisdictions.
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Binance Bitcoin Trading Dominance Slips: Bybit and OKX Gain Ground

Crypto Economy 23 Apr 2024
According to data from Kaiko, its share has decreased from 81.3% to 55.3% in the last year, a notable change that reflects the evolution of the crypto landscape. Competition for offshore markets is heating up ... pic.twitter.com/TM2zhzRd6E ... ....
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Binance Set for Indian Comeback with $2 Million Penalty

CryptoPotato 19 Apr 2024
Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million ... Binance’s India Comeback ... Instead, traders flocked to offshore crypto exchanges, including Binance ... ....
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Binance’s possible relaunch into India’s market

Cryptopolitan 18 Apr 2024
As of early January, the Indian financial regulator included Binance and other offshore crypto exchanges in the illegal operations and charged them with non-submission to local regulation requirements.
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Hong Kong “Conditionally” Approves Bitcoin and Ether ETFs

Finance Magnates 16 Apr 2024
However, the approvals of at least three offshore Chinese asset managers remain conditional. ‘Conditional’ Approval Crypto ETFs ... The Rising Demand for Crypto ... However, those markets are small, and the demand for these crypto instruments remains low.
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Court Hands Down Three-Year Sentence to Engineer in Nirvana Hacking Case

Cryptopolitan 13 Apr 2024
His strategies included token-swap transactions, converting the hacked earnings from the Solana blockchain to the Ethereum blockchain, converting the stolen profit into Monero, using offshore crypto ...
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US Spot Bitcoin ETFs Attract Wealthy Indians Despite Central Bank Warning

CoinGape 10 Apr 2024
Despite several warnings from India’s central bank over crypto investing, wealthy investors in India are seeking exposure to spot Bitcoin ETFs via remittance quota ... India’s Hefty Taxes Hurting Local Crypto Businesses.
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U.S. claims Russia is using Tether to evade sanctions – Uh…

Cryptopolitan 10 Apr 2024
And not just any crypto – I’m talking Tether, the stablecoin that’s as steady as a rock ... The game plan includes new sanctions, modernizing outdated regs, and tackling the tricky issue of offshore crypto platforms.
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Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse

CryptoNewsZ 10 Apr 2024
The second proposal pitched an expansion so that authorities can cover the gap between the current system and entities that are involved in virtual asset service providers plus crypto exchanges.
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Hong Kong set to approve its first spot bitcoin ETFs in April: Report

Live Mint 10 Apr 2024
... China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.Hong Kong approved its first ETFs for cryptocurrency futures in late 2022.
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Hong Kong set to approve its first spot bitcoin EFTs in April, sources say

Gulf News 10 Apr 2024
... crypto wealth manager ... Although cryptocurrency trading is banned in mainland China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.
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Spot Bitcoin ETFs To Receive Green Light In Hong Kong This April

Bitcoinist 10 Apr 2024
... global investment and drive crypto adoption to new heights ... Nevertheless, offshore Chinese financial institutions have shown a keen interest in participating in developing crypto assets in Hong Kong.�.
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US Treasury Seeks Power to Implement More Sanctions on Crypto Exchanges

Coinspeaker 09 Apr 2024
... the introduction of a secondary sanctions tool, the modernization and closure of gaps in existing authorities, and the mitigation of jurisdictional risks posed by offshore crypto platforms.

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