Tags : Accounts

Regulation

Binance limits daily withdrawals to $2,000 for basic accounts amid

Major cryptocurrency exchange Binance today announced that users who passed only “Basic” verification soon won’t be able to withdraw more than 0.06 Bitcoin (roughly $2,000) worth of funds per day—down from the previous limit of 2 BTC (around $80,000 currently). “Daily withdrawal limits will be adjusted to 0.06 BTC for accounts which have completed only […]Read More

Bitcoin

Bitcoin exchange Kraken to probe user accounts after U.S. court

The U.S. Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning. The taxman comes for crypto: DOJ says a federal court has authorized the IRS to serve a John Doe […]Read More

Bitcoin

Korean tax officers seize $22M in crypto directly from exchange

South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday. Per the publication, tax officers discovered digital assets belonging to 1,566 individuals and heads of various companies—referred to as “top tax delinquents”—across three cryptocurrency exchanges. The […]Read More

Ethereum

Justin Sun Baffled By a Jump in New Tron (TRX)

In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST) token scale next month and the allure of staking TRX. […]Read More