crypto
💸 Binance and the Police Paid Members Public
💸 Binance and the Police Binance provided analytical support to the police in India 🇮🇳, aiding in the dismantling of a fraudulent organization known as "M/s Goldcoat Solar". Binance is also a regular collaborator with authorities in Hong Kong 🇭🇰 and Macau🇲🇴 for similar investigations. ➡️ The operation led to the
👀 Russia 🇷🇺: Central Bank Raises Key Rate to 21% Paid Members Public
👀 Russia 🇷🇺: Central Bank Raises Key Rate to 21% The Bank of Russia remains committed to reducing inflation to a target range of 4.5–5% by 2025, although projections suggest that by the end of 2024, inflation will likely stay around 8.0–8.5%. ▶️ While interest rate hikes traditionally
⚠️ Belarus🥔: New tax rules for cryptocurrency operations starting January 1, 2025 Paid Members Public
⚠️ Belarus🥔: New tax rules for cryptocurrency operations starting January 1, 2025 Currently, activities with digital tokens are only permitted within the High-Tech Park (HTP), designed to promote the IT sector and cryptocurrency projects. Therefore, the regulation only affects operators who are residents of the HTP, which can be legal entities
💣 AI has learned to evade KYC on cryptocurrency exchanges Paid Members Public
💣 AI has learned to evade KYC on cryptocurrency exchanges A new tool called ProKYC generates fake documents and videos with non-existent identities. The link includes a video showing how ProKYC works against ByBit. ▶️ Developers claim their program is also capable of evading KYC on platforms such as Stripe and Revolut.
💰The rise of cryptocurrencies in Latin America: a response to the economic crisis Paid Members Public
💰The rise of cryptocurrencies in Latin America: a response to the economic crisis For many citizens in Latin America, cryptocurrencies have become an alternative to protect their savings. A study by Fluyez, one of the region’s leading exchanges, revealed that 46% of users use them for savings, 37% for
⚠️EU: Coinbase to delist some stablecoins by year-end Paid Members Public
⚠️EU: Coinbase to delist some stablecoins by year-end Why❓ Because the industry in the region is preparing for stricter regulations. ➡️ The new cryptocurrency regulatory framework, known as the Markets in Crypto Assets Regulation (MiCA), introduced in early 2023, will take full effect in December this year. ➡️ Main requirements for stablecoins:
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT Paid Members Public
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT A significant move in the United Arab Emirates: the new regulation retroactively exempts cryptocurrency transactions made since January 1, 2018. ➡️ On October 2, the Federal Tax Authority (FTA) published amendments, placing digital assets under the same regulatory regime as traditional financial services.
📢 In 2025, SWIFT plans to launch transfers with digital currencies Paid Members Public
📢 In 2025, SWIFT plans to launch transfers with digital currencies SWIFT's initiative involves integrating various types of digital assets across multiple platforms. ▶️ In March, SWIFT representatives announced they are developing a new platform to connect CBDCs. They are now ready to enter the testing phase, which will enable