Xeltox/Cryptomus fined C$177M for failing to report 1,000+ suspicious crypto transactions. Violations involved child abuse, fraud, ransomware, and sanctions-related transactions. Firm previously faced BC Securities Commission action over unrecognized exchange operations. Canada’s Financial Transactions and […]
Binance holds a 67% stake in Gopax, acquired in February 2023. A $4.3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital. South […]
Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital […]
Current options limited to direct tokens or overseas funds. Binance and Kasikornbank driving crypto expansion in Thailand. SEC pushes bill for stronger oversight and enforcement powers. Thailand is preparing to expand its cryptocurrency exchange-traded fund […]
SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move […]
UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto ownership in Britain hits 12%; […]
Coinbase backs UK petition urging stablecoin rules and blockchain adoption. Petition tops 5K signatures; 10K triggers government reply, 100K a debate. Supporters warn UK risks falling behind without clear crypto strategy. A public petition urging […]
Past fines include €4 million for Kraken and €2.85 million for Crypto.com. OKX also fined €1.1 million in Malta in April 2025. $504 million settlement in the US keeps OKX under oversight until 2027. The […]
Solana has eight ETF applications pending. XRP follows with seven ETF applications. Grayscale seeks to convert five trusts into ETFs. The US Securities and Exchange Commission (SEC) now faces one of its heaviest backlogs in […]
A top DOJ official says writing code “without ill intent is not a crime.” The promise comes after the conviction of the Tornado Cash developer. The DOJ vows not to use indictments as a lawmaking […]
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