Elliptic has partnered with Codex to enhance blockchain compliance screening, providing advanced solutions for regulatory adherence across the cryptocurrency market. This collaboration aims to improve transparency and compliance […]
Block Inc. Pays $40 Million Penalty for Cash App Regulatory Violations
Block Inc., co-founded by Jack Dorsey, has agreed to pay a $40 million penalty to New York regulators in response to alleged crypto compliance issues within its Cash […]
TD Bank Pays $3.1 Billion Over Money Laundering Violations
Toronto-Dominion Bank (TD) has agreed to pay a record $3.1 billion penalty for failing to prevent money laundering activities. The largest BSA penalty ever, the fine stems from […]
Block Faces $40 Million Penalty for Regulatory Violations
The New York Department of Financial Services (NYDFS) has imposed a hefty $40 million penalty on cryptocurrency firm Block for failing to implement robust compliance protocols. Concerns regarding […]
Solana Introduces Confidential Balances for Enhanced Privacy and Compliance
Solana introduces a new feature that enables both institutional and retail investors to enhance privacy while maintaining compliance. This innovative approach allows users to conceal transaction amounts without […]
DOJ Dismantles Crypto Enforcement Team: What it Means for Industry and Compliance
The Department of Justice (DOJ) has disbanded its cryptocurrency enforcement team, a move that signals a significant shift in federal regulatory approaches to digital currencies. The decision, announced […]
OKX Ordered €1.2 Million Fine for AML Violations, Faces Regulatory Scrutiny
The FIAU flagged breaches in Customer Risk Assessment (CRA) procedures, highlighting a system-wide failure to conduct such assessments for approximately half of the customer files examined. It also […]
KuCoin Reaches 40 Million Registered Users: A Celebration of Compliance & Innovation
Cryptocurrency exchange KuCoin has celebrated a significant milestone, reaching 40 million registered users worldwide. This impressive figure underscores the trust and confidence users place in KuCoin’s commitment to […]
KuCoin Reaches 40 Million Registered Users, Highlights Commitment to Compliance & Innovation
Cryptocurrency exchange KuCoin has exceeded 40 million registered users worldwide, a milestone reflecting its unwavering commitment to user protection and regulatory compliance. This growth demonstrates the trust placed […]
Navigating the Crypto Regulation Landscape: A Case Study
As the cryptocurrency market continues to grow, regulatory frameworks are evolving worldwide. This case study examines how global regulators are implementing stricter compliance measures to safeguard investors and […]
OKX Operator Admits to Unlicensed Trading, Faces $505M Fine
Okx’s parent company affirms its commitment to enhancing compliance procedures by collaborating with global regulators and ensuring adherence to applicable laws and regulations. 🤝