Spain to introduce strict cash controls with €150K penalty for noncompliance
Spain is set to introduce some of the harshest cash controls in Europe, with a €150,000 penalty for failing to...
noncompliance
India to ban URLs of 9 crypto exchanges including Binance for non-compliance with anti-money laundering law
The Financial Intelligence Unit (FIU), that comes under the Indian Finance Ministry has issued a show cause notice to 9...
Government sends notice to 9 offshore crypto firms for PMLA non-compliance
The companies that have been sent the show causes notices by the FIU include Binance, Bittrex, Kucoin, Huobi, Kraken, Gate.io,...
Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
Dubai’s Virtual Assets Regulatory Authority (VARA) issued a market alert on July 10 concerning the local crypto exchange BitOasis. The...
SEC chair Gensler highlights crypto firms non-compliance in house committee testimony
The U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler accused crypto firms of noncompliance with existing securities rules. In...
SEC’s Gensler Calls for Greater Resources to Combat Crypto Non-Compliance
Alex Dovbnya The SEC chair's testimony highlights the urgency for adequate resources to address non-compliance in the crypto market and...
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions...
Turkey’s MASAK imposes 8M lira fine on Binance Turkey citing ‘non-compliance’
Crypto is in the news in Turkey for two reasons today. For starters, Turkey‘s President Recep Tayyip Erdoğan has confirmed...
Binance Turkey fined 8M lira for non-compliance against money laundering
The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed...