Malta regulator fines OKX crypto exchange $1.2M for past AML breaches
MiCA-licensed OKX has significantly improved compliance in the past 18 months, but the Maltese regulator said it could not ignore its past failures.
MiCA-licensed OKX has significantly improved compliance in the past 18 months, but the Maltese regulator said it could not ignore its past failures.
CLS Global is one of the “victims” of the FBI’s trap token NexFundAI, alongside Hong Kong-linked ZM Quant Investment and Russia-linked Gotbit Consulting.
The Third Panel of the Brazilian Superior Court of Justice determined that cryptocurrencies can be seized by courts to repay creditors.
"Covered stablecoins," or tokens backed by physical fiat or high-liquidity assets and redeemable 1:1 with the US dollar are exempted from reporting requirements.
The lawsuit against Bakkt alleged investor losses in part due to the company misrepresentating "revenue was substantially dependent on a single contract with Webull."
Bills to create a Bitcoin reserve have been introduced in 26 US states, with Arizona currently being the closest to passing a law to make one.
The US House Financial Services Committee has passed a stablecoin framework bill, the STABLE Act, which will now head to a full House vote.
Bills regulating stablecoins and a potential digital dollar moved out of the US House Financial Services Committee after a late-night vote.
US lawmakers in the Senate Banking Committee voted to advance four of President Donald Trump's picks for crucial government positions, including prospective SEC chair Paul Atkins.
Economic observers are concerned over Trump’s tariff policy, which has markets worried about a possible recession.