Binance Obtains Full Dubai VASP License, CZ Gives Up Control
Binance, the largest digital asset exchange, receives a full Dubai VASP license. Co-founder CZ’s voting control relinquishment shows the company’s regulatory compliance. Binance Holdings Ltd. has accomplished a notable milestone by obtaining a full Virtual Asset Service Provider (VASP) license in Dubai . This accomplishment exemplifies Binance’s dedication to managing the intricate regulatory environment during […]
Sweden Requests $90M Unpaid Taxes from Crypto Miners
From 2020 to 2023, the Swedish Tax Agency discovered several cryptocurrency companies that had provided false business descriptions in an effort to evade taxation. After four years of misappropriations were uncovered through government investigations, Swedish cryptocurrency miners owe more than $90 million in taxes. Skatteverket, the Swedish tax agency, inquired into the activities of twenty-one […]