Category: Markets

OKX Operator Faces Over $504 Million In Penalties For Violating US Laws

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The company operating the OKX cryptocurrency exchange has agreed to pay more than $504 million in fines and fees after admitting to violations of United States anti-money laundering laws. Aux Cayes Fintech, which… Continue reading OKX Operator Faces Over $504 Million In Penalties For Violating US Laws

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DeFinity Markets Teams Up With Utila To Improve Institutions’ Access To Digital Asset Markets

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. DeFinity Markets is a platform that offers digital asset trading and fiat solutions for institutional clients. The company recently announced its partnership with a crypto operations platform Utila, which offers its services to… Continue reading DeFinity Markets Teams Up With Utila To Improve Institutions’ Access To Digital Asset Markets

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The Ethereum Foundation Donated $1.25m To Tornado Cash To Support Its Legal Battle

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Ethereum Foundation recently donated $1.25 million to Tornado Cash and its developer, Alexey Pertsev, to assist in their upcoming legal battle. Pertsev is currently preparing to appeal his conviction involving money laundering.… Continue reading The Ethereum Foundation Donated $1.25m To Tornado Cash To Support Its Legal Battle

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Crypto Exchange OKX To Pay $505 Million Fine After Admitting To Breaking US AML Laws

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Aux Cayes Fintech, the operator of the popular crypto exchange OKX, recently pled guilty to one count of operating an unlicensed money-transmitting business. In doing so, the company admitted to breaking US anti-money… Continue reading Crypto Exchange OKX To Pay $505 Million Fine After Admitting To Breaking US AML Laws

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Circle Co-Founder Thinks Stablecoin Issuers Worldwide Should Register With US Authorities

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Jeremy Allaire, the co-founder of Circle, recently stated that he thinks stablecoin issuers from around the world should be required to register with the US authorities. Not only that, but he believes that… Continue reading Circle Co-Founder Thinks Stablecoin Issuers Worldwide Should Register With US Authorities

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Bybit Receives In-Principle Approval from the UAE Regulator To Set Up As A Virtual Asset Platform Operator

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Crypto exchange Bybit, which just last week suffered a $1.4 billion hacking attack, received great news recently after the UAE regulator, the Securities & Commodities Authority (SCA) granted it In-Principle Approval (IPA) to… Continue reading Bybit Receives In-Principle Approval from the UAE Regulator To Set Up As A Virtual Asset Platform Operator

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Barcelona Wealth Manager Flanks Raises €14 Million Which Will Be Used For A Push Across Europe

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Flanks, a wealth management company based in Barcelona, recently concluded an equity round aimed at raising funds for the firm’s expansion across Europe. The round was led by Motive Ventures, which was also… Continue reading Barcelona Wealth Manager Flanks Raises €14 Million Which Will Be Used For A Push Across Europe

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Stablecoin Payments Platform Infini Loses $50 Million Due To Insider Exploit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A popular stablecoin payments platform Infini recently suffered what is believed to be an insider exploit. The platform lost $50 million to a former developer who allegedly retained admin privileges after completing work… Continue reading Stablecoin Payments Platform Infini Loses $50 Million Due To Insider Exploit

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Criminal Trial Against Frank Founder Charlie Javice Has Begun

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Charlie Javice, the founder of a fintech Frank, who allegedly defrauded JP Morgan Chase into buying the firm, is now facing trial according to new reports. Javice was accused of securities fraud, bank… Continue reading Criminal Trial Against Frank Founder Charlie Javice Has Begun

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Robinhood Announced That The US SEC Is Dropping Its Investigation Of The Firm’s Crypto Arm

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood announced recently that the US Securities and Exchange Commission is ditching its investigation into the company’s crypto arm.  The announcement came only a few days after reports that the SEC has also… Continue reading Robinhood Announced That The US SEC Is Dropping Its Investigation Of The Firm’s Crypto Arm

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