The U.S. government is preparing to introduce sweeping cryptocurrency regulations, aiming for implementation by August 2025. This legislation will be aimed at providing greater clarity and structure in […]
BlackRock CEO Proposes Blockchain-Driven Asset Tokenization
Larry Fink, CEO of Blackrock, has proposed the use of blockchain technology for tokenizing assets. This bold move aims to revolutionize the financial landscape by streamlining asset ownership […]
Block Inc. Faces $40 Million Penalty for Bitcoin Transaction Oversight Failures
Financial authorities in New York have levied a substantial $40 million penalty on fintech company Block, better known as the creator of Cash App, due to inadequate oversight […]
Block Fined $40 Million Over Inadequate Bitcoin Transaction Oversight
Crypto company, Block, has agreed to pay a hefty $40 million fine stemming from inadequate oversight of Bitcoin transactions through its Cash App service. The settlement with New […]
SEC Revamps Cryptocurrency Regulation Strategy Under New Leadership
The U.S. Securities and Exchange Commission (SEC) is undergoing a significant shift in its approach to regulating cryptocurrency, as new leadership brings about an innovative strategy emphasizing collaboration […]
SEC Considers ‘Sandbox’ for Crypto Exchanges to Test Tokenized Securities
The U.S. Securities and Exchange Commission (SEC) is exploring a regulatory sandbox concept for digital assets, potentially allowing crypto exchanges to experiment with offering tokenized securities more freely. […]
Senators Reintroduce Bill To Ban Crypto Co-mingling, Boost Transparency
U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act (PROOF Act) to address concerns over crypto fund co-mingling following the FTX […]
Standard Chartered & OKX Partner to Drive Institutional Cryptocurrency Access
Standard Chartered and OKX have announced a strategic alliance to facilitate greater access for institutional investors in the cryptocurrency market. The partnership aims to streamline trading processes and […]
Block Faces $40 Million Penalty for Compliance Failures on Cash App
Jack Dorsey’s fintech company, Block (formerly known as Square), has been hit with a hefty $40 million fine by the New York Department of Financial Services (NYDFS). This […]
Kraken and Mastercard Partner to Enable Cryptocurrency Payments
US-based cryptocurrency exchange Kraken has partnered with Mastercard to launch a new system for making payments using cryptocurrencies within the UK and Europe. This groundbreaking collaboration aims to […]
Kraken and Mastercard Partner to Facilitate Crypto Payments
Kraken, a US-based cryptocurrency exchange, has partnered with global financial giant Mastercard to expand crypto payment options within the UK and European markets. This collaboration aims to enable […]
Block Inc. Faces $40 Million Penalty for Crypto Compliance Flaws
Block Inc., led by CEO Jack Dorsey, has been slapped with a hefty $40 million fine for alleged shortcomings in its crypto compliance and anti-money laundering (AML) practices, […]
Block Inc. Faces $40 Million Fine for Crypto Compliance Violations
Digital payments giant Block Inc. has agreed to pay a $40 million penalty to New York regulators over alleged failures in its compliance program for the Cash App […]
Thailand Tightens Regulations on Unlicensed Crypto Platforms
To combat the rise of unlicensed crypto platforms operating in Thailand, the government has enacted new legislation. These laws aim to halt unauthorized foreign crypto operations and combat […]
Block, Inc. Pays $40 Million Fine to Settle NYDFS Compliance Concerns
Block, Inc., formerly known as Square, has agreed to a $40 million settlement with the New York State Department of Financial Services (NYDFS) for regulatory compliance issues related […]