Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
OKX Quietly Settled Regulatory ‘Failings’ With Malta Financial Services Authority
The $322,000 “goodwill” settlement with MFSA related to OKX’s Okcoin Europe subsidiary.
Instant Settlement Needed to Compete With Crypto, India’s Markets Regulator Says
The chairperson of India’s markets regulator has warned that if it doesn’t offer instant settlement investors will move to spaces like the crypto industry.
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
Crypto proponents on X wasted no time pointing out the hypocrisy of JP Morgan CEO Jamie Dimon’s recent remarks to the United States Banking Committee about Bitcoin and crypto.
Binance, Changpeng ‘CZ’ Zhao to Pay $2.85B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
Wells Fargo partners with HSBC to settle FX transactions using blockchain
Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030.
Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement
The SEC order effectively blows up 1 billion TNT tokens
Seed CX to Close Exchange, Focus on Settlements in Company Shift
Crypto derivatives platform Seed CX will be axing its exchange arm to focus solely on settlements, while also teasing additional funding from Bain Capital.
Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades
Nevada-based Prime Trust has launched a real-time settlement service for crypto and fiat transfers among clients.