On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million USD) or 1.5 years in jail. Prime Minister Narendra Modi will likely give cryptocurrency investors a deadline to comply with new rules and declare their assets. Whilst the … [Read more...] about India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
violating
Grayscale writes a letter to the SEC, accuses the regulator of violating the law
On Monday, Grayscale Investments attorneys issued a letter to the secretary of the US Securities and Exchange Commission (SEC), claiming that the agency is violating the Administrative Protections Act (APA) by discriminating against Bitcoin spot ETFs.In the letter, the crypto asset manager argued that the agency’s approval of Bitcoin futures-based ETFs, but not Bitcoin … [Read more...] about Grayscale writes a letter to the SEC, accuses the regulator of violating the law