Lithuanian Financial Authorities Impose Record $10 Million Fine on Crypto Payment Firm Payeer
In a landmark decision, the Lithuanian Financial Crime Investigation Service (FNTT) has levied fines totaling…
Government
Russia Contemplates Stablecoins for Cross-Border Payments Amid Sanctions
Amid the ongoing conflict in Ukraine and the increasing sanctions on Russia, the Russian government…
Silvergate Capital Corp. Settles for $63 Million Over Regulatory Accusations
Silvergate Capital Corp., the parent company of the crypto-friendly Silvergate Bank, has agreed to pay…
Federal Judge Allows SEC Lawsuit Against Binance to Proceed
In a pivotal legal development for the cryptocurrency industry, a federal judge ruled late Friday…
Circle Secures Key License in France, Paving the Way for EU Compliance
Circle, a prominent cryptocurrency firm renowned for its USD Coin (USDC) stablecoin, announced a significant…
U.S. Treasury Issues New Tax Rules for Cryptocurrency Transactions
In a long-awaited move, the U.S. Treasury Department has unveiled its comprehensive tax framework for…
Global Infrastructure Partners Addresses Concerns Over BlackRock’s Role in Malaysia Airports Privatization Deal
Global Infrastructure Partners (GIP) has clarified that BlackRock, its buyer, will not be involved in…
SEC Drops Investigation Into Whether Ether is a Security
The United States Securities and Exchange Commission (SEC) has decided to close its investigation into…
India Fines Binance $2.25 Million for Anti-Money Laundering Violations
India’s Financial Intelligence Unit (FIU) has levied a hefty fine of 188.2 million rupees ($2.25…
Financial Conduct Authority Arrests Two in Illegal Crypto Asset Exchange Raid
The Financial Conduct Authority (FCA) of the United Kingdom has arrested two individuals suspected of…