AD SPACE

Binance Philippines return hits wall as BSP flags license gap

Binance’s plan to reenter the Philippines through local partner BlockShoals Technologies has faced a new regulatory hurdle after the country’s central bank said both firms lack required licenses. Summary Binance and BlockShoals lack the BSP license needed to operate as virtual asset service providers. The SEC StratBox sandbox does not replace separate central bank licensing…

Read More

CoinFund founder says Anthropic order proves AI control risk

CoinFund founder Jake Brukhman said the Anthropic export-control dispute shows why decentralized AI networks are gaining attention as a possible counterweight to centralized model control. Summary Jake Brukhman said Anthropic’s model shutdown shows how frontier AI can face direct government control. Decentralized AI teams are testing distributed GPU training as centralized compute access faces tighter…

Read More

India issues over 44,000 crypto VDA tax notices, finds $104M in hidden income

India’s crypto tax checks have become stricter after the Income Tax Department issued more than 44,000 notices linked to virtual digital asset filings. Summary India issued over 44,000 VDA notices after matching crypto filings with exchange-reported transaction data. Tax officials found Rs 888 crore in hidden VDA income as filing checks became stricter. Investors must…

Read More

New BSP rules put crypto tokens under deeper scrutiny in Philippines

The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply deeper screening, monitoring, and delisting procedures for cryptocurrencies offered to customers.  Summary BSP requires crypto exchanges to conduct deeper reviews before listing tokens and stablecoins locally. New rules mandate continuous monitoring and clear delisting triggers…

Read More