Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups soared on global crypto exchange Binance after a 1% tax deducted at source...
Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment
The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promoting cryptocurrencies, creating or operating platforms for trading it, or carrying out related activities.” Crypto Warning Issued by Egypt’s Central Bank The Central Bank of Egypt (CBE) has renewed its warning about all types of...
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want Elon Musk to Take Over Twitter Twitter Inc. (NYSE: TWTR) announced Tuesday that its stockholders have approved the previously announced $44 billion agreement for...
U.S. Pressured Taiwan to Ban Pirate TV Boxes But China’s Not Too Interested
When the Google-sponsored Open Handset Alliance launched its Android operating system, few could’ve predicted its future role in the piracy ecosystem. With competing Apple products locked down, less restrictive Android devices eventually became the weapon of choice for developers, especially those with less conventional applications in mind. The new age of piracy that followed evolved beyond the obvious Android characteristic of...
US Lawmakers Urge Verisign to Help Tackle Online Piracy
There are plenty of options for copyright holders to frustrate the operations of pirate sites, but one of the most effective is to attack their domain names. In recent years, various entertainment industry groups have called on the domain name industry to help out on this front. As a result, the MPAA signed a landmark agreement with the Donuts registry under which the movie industry group acts as a “trusted notifier” of “pirate”...
