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The former US banking regulator and crypto enthusiast is resigning at a time when regulators in Hong Kong, Britain, Germany, Japan, Italy and Thailand have cracked down on Binance due to worries over investor protection. Watchdogs globally also fret that the boom in cryptocurrencies is aiding money laundering and increasing systemic risks.

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The variation of available services, even from state to state, increases friction on the platform and rules out a large swathe of potential users. While this may improve with the expansion of Binance.US, currently, Binance is by far the better platform when it comes to choice.
Additionally, there are a few ways in which customers can reduce the amount of fees they pay. If customers choose to pay trading fees with Binance’s native token, BNB, the fees will be reduced by 25%. The second way in which fees can be reduced is by referring friends to Binance. If a user pays fees with BNB and refers a friend, the most they will end up paying in trading fees is 0.06% for each trade. That is one of the best deals in all of crypto. .

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In India, there are no specific guidelines on the taxation of cryptocurrency in the Income-Tax Act, 1961. But taxpayers need to report transactions if they have invested in cryptocurrencies and gained from those investments.
“Everyone's hearing about Ethereum in ways that have never happened before because of NFT's. People get excited by NFTs,” David Hoffman, an Ethereum bull and co-host of the crypto-focused podcast Bankless, told Yahoo Finance.

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As far as India is concerned, in 2018, the Reserve Bank of India (RBI) had banned banks and other financial institutions from facilitating cryptocurrency transactions. In 2020, the Supreme Court reversed the order. Since then, though trading is allowed on these virtual coins, they have not yet received the status of a legal tender. However, that doesn't spare anyone from paying tax on cryptocurrency trades.

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    One key thing to look out for is Safemoon to be added as a tradeable asset by a major broker or crypto exchange. Many of the best trading platforms will allow users to request assets to be added to the platform. If a request gets enough traction, the platform may look into its viability and then decide whether or not to add it.

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    The money in your pocket is worth less every day… so it is time to stake your claim in the future of the financial system, and participate in the wealth-creation opportunity of a generation.

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    It is the latest cryptocurrency to have seen a spike in interest since the turn of the year, following on from the success of Dogecoin, Bitcoin and Ripple XRP in recent weeks.

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    Volatility can be attributed to an “immature market,” says Ollie Leech, learn editor at Coindesk, a cryptocurrency news outlet. Anything from a celebrity tweet to new federal regulation can send prices spiraling.

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    Plant milk is catching up in India. But Amul, Mother Dairy are ‘concerned’ over its health benefits.

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    For the latest crypto news and investment tips, follow our Cryptocurrency page and for live cryptocurrency price updates, click here.

    According to coinmarketcap.com, the price stands at $0.00000489 despite rising massively to $0.000014 during its all-time high but the price seems to be falling dramatically.
    GURA: Davidson also fears too much regulation could harm investors and entrepreneurs, but he thinks inaction is also a risk. Davidson says when he goes back to his district in Ohio, his constituents ask him when Congress is going to get around to setting ground rules.

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The decentralized finance (DeFi) protocol released its highly anticipated wallet at 17:00 CET on August 28. However, less than 30 minutes after, Safemoon’s CEO John Karony posted a tweet revealing that they had encountered “technical difficulties.”

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There will be a few restrictions on https://t.co/9rMMAmtCxH accompanying this. But some short term pains may be necessary for long term gains. And we always work hard to turn every short term pain into a long term gain. https://t.co/gl1M1cwPYB

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Developed in 2012 by Toronto-based programmer Vitalik Buterin, and backed by an initial $18 million crowdfund, Ether (ETH) is a cryptocurrency that underpins a blockchain network called Ethereum. While Bitcoin was designed to be a digital currency, Ethereum is a more general implementation of blockchain technology.

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Explaining the digital assets designed to limit volatility but attracting regulators’ attention

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