On October 14th, Eric He, LBank’s Chief Angel Officer and Risk Control Advisor, shared insights into the exchange’s future market plans and global compliance strategy via social media. He noted, “To better meet the regulatory requirements of various jurisdictions, our official independent sites will launch in several regions by the end of this year and […]
PRESS RELEASE. New York, NY – October 15th, 2024 – With digital assets rapidly transforming the financial landscape, the importance of understanding the regulatory and compliance challenges cannot be overstated. ACI’s 3rd Forum on Digital Assets: Compliance, Enforcement & Regulatory Oversight will deliver unparalleled insights into the regulatory frameworks that are shaping the future of […]
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about compliance to participate in the Voluntary Disclosure Program, but those already under […]
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $ 200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance …
The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The head of the institution, Fabrizio Peralta-Diaz, lamented this situation, stressing that it needed access to the necessary tools to examine […]