NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binan...
In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.
With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush
The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot...
Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdi...
After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to...
Roman Storm Jury Deadlocked, Judge Tells Them to Keep Deliberating
After four days of deliberations, the New York jury deciding Tornado Cash Roman Storm’s fate said they can’t reach a unanimous ver...
Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick I...
The agency warned the public against engaging with unregistered crypto firms.
Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai
Laser Digital secured the first regulated over-the-counter crypto options limited license under VARA’s pilot framework.
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China's Ministry of State Security highlights what it calls national security risks based on foreign firms col...
SEC Says Liquid Staking Doesn't Run Afoul of Securities Laws
The SEC's latest staff statement — which isn't binding guidance — addresses certain aspects of liquid staking.
FinCEN Warns Financial Institutions of Crypto Kiosk Scams
The regulator cited a growing number of scams involving crypto kiosks, including fake tech support and bank-related scams.