Fed orders United Texas Bank to halt crypto services over AML concerns
The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services.The...
Robinhood to pay $3.9 million to settle California crypto investigation
Robinhood’s crypto division has agreed to pay a $3.9 million fine, settling a California investigation into its past practices, according to a Sept. 5...
Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals
Coinbase CFO Alesia Haas revealed that Vice President Kamala Harris‘s campaign is using Coinbase Commerce to accept crypto donations, Fortune reported Sept. 4.Haas made the...
SEC commissioner calls for specialized forms to address digital asset complexities
US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has urged the agency to develop specialized S-1 registration forms specifically designed for digital...
Galois Capital hit with SEC charges for failing custody requirements
The US Securities and Exchange Commission (SEC) has charged and settled with hedge fund Galois Capital Management LLC over a private fund managed by...
FTX bankruptcy faces new hurdles as SEC flags repayment concerns
The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case.The...
Qatar launches digital assets framework to attract global firms
The Qatar Financial Centre (QFC) in Doha has invited local and international companies to apply for licenses to operate as token service providers under...
OKX wins Singapore license, former MAS official takes reins as regional CEO
Crypto exchange OKX’s Singaporean entity, OKX SG, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) and appointed...
UK’s ambitions for crypto hub status falter amid regulatory roadblocks
Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing...
Nigerian SEC approves local crypto exchanges in push for digital asset regulation
The Nigerian Securities and Exchange Commission (SEC) has granted two local crypto exchanges— Busha Digital Limited and Quidax— “Approval-in-Principle” to begin operations under the Accelerated...
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