No entity in the Binance group of companies holds any form of securities registration in Ontario, the commission said. Unregistered platforms operating in Ontario may be subject to action, including temporary orders, to ensure compliance which could affect their ongoing local business operations, the statement added. Source link … [Read more...] about Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
Commission
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Indian crypto exchange WazirX has reportedly paid over $6.62 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment.Government officials from the Central GST and Central Excise committee (CGST Mumbai Zone) … [Read more...] about Indian taxman recovers $6.62M from WazirX for evading tax on commission
Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain
In addition, Binance says restrictions for Ontario users remain in place, which include no trading, prohibited from opening new accounts, and the exchange won’t market its services to Ontario-based users. Binance said it will consult with the OSC before updating users on the regulatory status of their accounts. Source link … [Read more...] about Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain
European Commission Urges Members to Agree on Crypto Regulations
Despite McGuinness’ call to action, Eva Maydell, a member of the EU Parliament, said on Wednesday during a webinar that there are still open questions concerning MiCA. While the European Commission supports the interests of the EU as a whole, the European parliament directly represents the citizens of the union. Source link … [Read more...] about European Commission Urges Members to Agree on Crypto Regulations
Kenyan electoral commission nominee clamors for blockchain voting
Justus Abonyo, former chair of Kenya’s Social Democratic Party, and current candidate for commissioner of the country’s Independent Electoral and Boundaries Commission (IEBC), has called for the adoption of blockchain voting.According to a report by Kenyan news outlet The Star, Abonyo made this appeal known while appearing before the selection committee overseeing the … [Read more...] about Kenyan electoral commission nominee clamors for blockchain voting