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Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk

Follow up Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the Supreme Court had asked the Reserve Bank of India (RBI) to clarify its position as ..

Telegram CEO’s 18-Hour Deposition Transcript Is Published Online

News Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018. In line with a relevant court order, the deposition was held on Jan. 7 and Jan. 8 before a court reporter designated by the ..

Three Days From Hearings Before India’s Supreme Court on Crypto Ban

Recap The Supreme Court of India has wrapped up the first three days in a hearing on a landmark case brought against the country’s central bank against its ban on banks’ dealings with cryptocurrency-related businesses. From Jan. 14 through 16, proceedings were focused on arguments presented by Ash..

SEC’s CryptoMom Wants US to Learn From Chinese Digital Innovation

News The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called for the U.S. to: “L..

Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan

News Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan an..

Telegram’s Legal Battle With the SEC Heats Up Over TON Bank Records

Analysis Telegram’s battle with the United States Securities and Exchange Commission became one of the most closely followed legal dramas of the crypto space in 2019. This was not only because it appeared to be the first time the Durov brothers’ relentless expansion faltered but also because the c..

Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin

News The Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members. Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and Radar, the sta..

Bill to Exempt Small Crypto Transactions From Taxes Returns to US Congress

News A bill seeking to exempt personal cryptocurrency transactions from taxation for capital gains has been reintroduced in the Congress of the United States. What the bill looks to changeCalled “The Virtual Currency Tax Fairness Act of 2020,” the bill would establish an exemption for virtual cur..

Russia’s New Prime Minister Sets Course for Digital Economy

News The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy. As domestic news outlet RIA Novosti reported on Jan. 16, Mikhail Mishustin — who was confirmed in the position as the Prime Minister earlier today — noted some key prio..

Binance Exchange to Restrict Access to Japan Residents

News In a Jan. 15 announcement on Binance’s Japanese support website, the exchange revealed it would restrict access to residents of Japan at an unspecified later date. The restriction is said to be implemented gradually, with details to be revealed later, according to the announcement. Currently,..

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