ChainCatcher message, Binance announced that to meet EU regulatory requirements and according to local guidance, Binance Poland will gradually change its cryptocurrency withdrawal and deposit procedures. Starting from January 20, 2025, users may be required to provide more information when making cryptocurrency deposits and withdrawals on Binance.Cryptocurrency deposits to Binance (for transfers over €1,000 or equivalent in other currencies): Users will be required to provide sender information upon receiving funds. From Binance withdrawals: Users will be required to provide beneficiary information when sending any amount of cryptocurrency.

According to ChainCatcher news, as reported by Fortune, the U.S. cryptocurrency exchange Kraken may hand over trading information of traders with transaction amounts reaching $20,000 or more to the Internal Revenue Service (IRS). Previously, the IRS had requested user information from Kraken, but the exchange refused to cooperate, leading the IRS to seek enforcement of a subpoena issued to its parent company, Payward Ventures Inc., from a federal judge in February this year. After months of debate, the judge sided with the IRS last Friday and ruled that the subpoena should be enforced.The judge stated, "The IRS is conducting an investigation to determine whether U.S. taxpayers using cryptocurrency are complying with domestic tax laws. To advance this investigation, this court approves the issuance of a subpoena to Payward Ventures." Kraken opposed the IRS's subpoena, calling the investigation a "baseless treasure hunt."According to the judge's ruling, Kraken is now obligated to provide approximately 160 million transaction records and relevant information for 59,351 accounts. Although Kraken's lawyers argued that this is an unnecessary burden, the judge pointed out that "the subpoena requests relevant records, and even if the subpoena requests the production (or search) of a large number of records, or results in the payor spending a significant amount of time and money, it will not be denied." (source link)

ChainCatcher news, according to The Block, FTX CEO Sam Bankman-Fried (SBF) agreed with U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero's views on the disclosure of derivatives trading information and knowledge testing, but he believes these tests should not be limited to digital currencies. SBF stated that requiring intermediaries such as futures commission merchants (FCMs) to disclose trading information and conduct knowledge-based testing is reasonable.It is reported that Romero previously tweeted, "Establishing a category for retail investors can provide them with more consumer protection. For example, disclosure information written in a way that ordinary people can understand, or disclosure information that can be used when weighing leverage usage rules."According to previous reports, CFTC Commissioner Christy Goldsmith Romero stated at the financial market quality conference on Friday that she intends to propose a new definition of retail investors that separates ordinary investors from professional investors/high-net-worth individuals. Romero said, "My suggestion is that we split the definition of retail into two, we can create rules and regulations for ordinary family members, and then we can expand access, which is a great opportunity to broaden access to financial markets." (source link)