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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
Judge ends Ripple, SEC lawsuit with $125 million fine, XRP surges 18%
The court has levied a $125 million fine on Ripple in the lawsuit filed by the US Securities and Exchange…
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Regulation
Billion-Dollar Bank Paying $44,000,000 Fine for Allegedly Freezing Customers’ Accounts, Charging Hidden Fees, Deceiving Customers
A Texas-based bank holding company is agreeing to pay a $44 million fine to the Federal Reserve for a long…
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Regulation
Federal Reserve Ends Enforcement Action Against Crypto-Friendly Bank Silvergate After Levying $43,000,000 Fine
The Federal Reserve is ending its enforcement action against defunct crypto-friendly bank Silvergate after hitting the firm with a multimillion-dollar…
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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
UK regulators fine Coinbase $4.5 million, grant Revolut banking license
Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the past week.…
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Regulation
Major US Bank To Pay $135,600,000 Fine Over Perpetual Problems With Risk Management, Compliance, Data and Internal Controls
US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s…
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Regulation
Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB
The Consumer Financial Protection Bureau (CFPB) is penalizing a US bank for predatory loan practices and illegal repossession of people’s…
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Regulation
Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand $63 million fine
Silvergate Capital settled with the SEC for $50 million as Federal Reserve governors and California financial regulators demanded $63 million…
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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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