Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.
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Category: Ethereum News
EU regulator sets restrictive measure guidelines for crypto providers
Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.
Arkham launches points program to woo derivatives traders
The program will last for 30 days and points will be convertible to Arkham’s native token, ARKM.
SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.
18 US states file lawsuit against SEC and Gary Gensler
President-elect Trump has vowed to fire SEC Chairman Gary Gensler and replace him with a more crypto-friendly SEC head.
Pennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment.
SEC chair doubles down on crypto stance under threat of Trump ousting
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and […]
SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts.
'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.
Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express
Chinese public servant jailed for for selling state secrets for crypto, and Korean YouTuber accused of fleecing $230M from 15,304 followers.