OKX Fined $1.2M by Malta for Breaching Money Laundering Rules
The company was expected to assess the nature of risks prevalent in the services it was offering, the Financial Intelligence Analysis Unit said in a notice.
Policy
Illinois to Drop Staking Lawsuit Against Coinbase
Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.
BlackRock Secures UK FCA Crypto Registration
The world’s biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, who issue Exchange Traded Products.
Crypto Advocate Kristin Smith to Exit Blockchain Association for New Solana Group
The chief of one of the industry’s most prominent lobbying arms, Smith will leave in May to join the Solana Policy Institute as president, her association says.
Japan Mulls Reclassifying Crypto as a ‘Financial Product’ to Curb Insider Trading: Report
Cryptocurrencies are currently categorized as a “means of settlement” under the Payment Services Act, a designation that has governed their use primarily as a payment tool rather than as investment vehicles.
Unicoin CEO: Why Are We Still Under the SEC’s Gun?
As a dozen crypto companies have been freed from enforcement actions and ongoing investigations, Unicoin remains in enforcement limbo.
U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill
The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.
Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill
Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.
Wyoming State Gears Towards Launching a Stablecoin This Year
The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit
Ripple to Get $75M of Court-Ordered Fine Back From SEC, Drops Cross-Appeal
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.