Canadian regulator fines Binance $4.4M for AML and CFT violations
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.
Related Posts
FTX reaches $200M settlement with IRS on tax bill
The agreement, which is subject to a court approval, resolves a major hurdle for FTX bankruptcy process.
MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.
New Official Register in San Marino Recognizes and Regulates Blockchain Firms
The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification.Companies can apply for blockchain certification onlineThe project was initiated by San Marino’s fully state-owned tech innovation company, the Institute for Innovation of the Republic of San Marino, Cointelegraph Italia reports Oct. 22.According to…
Price Analysis 22/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement of blockchain technology. Though Binance denied reports of any raids, price action within the sector has remained subdued.Daily cryptocurrency market performance.…
TON struck by outage, no new blocks produced in 3 hours
The Telegram Open Network is no longer producing blocks following a frenzy of trading activity for a new memecoin called DOGS.
Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry
Over the past nine days, Bitcoin's (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market cap, negatively impacted investor confidence and the path for Bitcoin' price recovery seems clouded after the Nasdaq Composite Stock Market Index plunged 4.7%…
US policy group proposes Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance.
South Korea’s ICON Releases Blockchain Interoperability Protocol
South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other. 2112 Total views 53 Total shares ICON (ICX), South Korea’s largest public blockchain project, released its Blockchain Transmission Protocol (BTP) on May 28. The protocol enables interoperability between individual blockchains, facilitating value transfer, service…