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U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input

U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input

by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, also known as DeFi platforms that would otherwise not be subject to the regulator’s oversight...
U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input

Trading dries up on Indian crypto exchanges as new transaction tax kicks in

by AIP Online Bureau | Jul 5, 2022 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Three exchanges — ZebPay, WazirX and CoinDCX — suffered declines of between 60% and 87% in the value of daily trading immediately after the 1% tax deductible at source became effective on July 1, data from CoinGecko show Warnings from Indian crypto...
Crypto exchanges hunker down as everything goes wrong in India

Crypto exchanges hunker down as everything goes wrong in India

by AIP Online Bureau | Jun 26, 2022 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Trends, Facts, Wealth Management/ Philanthropy

That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...

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