Financial
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Regulation
Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June
Crypto exchange Binance is resuming its services in India after complying with the nation’s registration requirements. Late last year, India…
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Regulation
UK Financial Regulator Slaps Coinbase Subsidiary With $4,500,000 Fine for Onboarding High-Risk Customers
UK’s Financial Conduct Authority (FCA) says it imposed a fine of £3,503,546 or about $4.5 million on CB Payments Limited…
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Regulation
U.S. House of Representatives Passes Financial Services Legislation Aiming To Combat Illicit Finance
The U.S. House of Representatives recently passed bipartisan legislation that would prop up a working group designed to probe the…
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Regulation
Crypto Exchange Gemini Settles With IRA Financial Trust Over $36,000,000 Hack in 2022: Report
Crypto exchange Gemini and self-directed retirement and pension accounts platform IRA Financial Trust (IRA) have reportedly reached an agreement to…
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Regulation
Federal Crypto Legislation Needed To Protect Investors and US Financial System From Future Risk, Says CFTC Chair
The chairman of the Commodity Futures Trading Commission (CFTC) says the US needs a regulatory framework to protect the public…
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Regulation
South Korea’s Financial Regulator Launches System To Monitor Crypto Fraud in Real Time
The regulator overseeing South Korea’s financial institutions is unveiling a new surveillance system for illicit crypto activities as the nation…
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Regulation
Big Banks Would Survive $685,000,000,000 Financial Disaster Despite Lenders’ Riskier Balance Sheets: Federal Reserve
A year after three of the largest bank failures in US history, the Federal Reserve says America’s banking giants have…
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Regulation
Financial watchdog clarifies role amid South Korea’s new crypto compliance crackdown
South Korea’s Financial Supervisory Service (FSS) has clarified its role regarding the rumored removal of numerous digital assets from local…
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Regulation
JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US…
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Regulation
The Financial Innovation and Technology for the 21st Century (FIT21) Act, AKA ‘The Crypto Bill’, Passes US House
The Financial Innovation and Technology for the 21 Century (FIT21) Act, a bill that would treat crypto assets as commodities…
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