Canada plans to adopt the OECD’s Crypto-Asset Reporting Framework by 2026, imposing stringent reporting requirements on crypto asset service providers to enhance transparency and information sharing among international tax authorities.
Litecoin has emerged as an outlier in the crypto market amid broader turmoil, with the CFTC’s classification of LTC as a commodity contributing to its bullish performance.
Kelp, a stability-focused cryptocurrency initiative, introduces a unique blend of technology, on-chain data, AI, and monetary theory to offer a stabilized digital currency, aiming to address the challenges of volatility and regulatory compliance that hinder mass adoption of cryptocurrencies.
The Philippine Securities and Exchange Commission (SEC) has obtained approval from the National Telecommunications Commission (NTC) to block access to Binance’s website and associated services nationwide, citing the exchange’s unlicensed operations in the country.
The Philippines’ Securities and Exchange Commission (SEC) has warned Binance for operating without a license and overseeing unauthorized securities sales, threatening to ban the exchange if it fails to address concerns by the end of February.
U.S. banking trade groups request the SEC adjust guidance to allow large financial institutions to act as custodians for the newly approved spot Bitcoin ETFs.
