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Regulatory Approval Granted to Crypto.com by UK’s Financial Conduct Authority as an Electronic Money Institution

Daisy Hodley3 years ago2 min read

Crypto.com Receives Regulatory Approval as an Electronic Money Institution in the UK Crypto.com has announced that it has obtained authorization as an Electronic Money Institution (EMI)…

Crypto.com Obtains UK Regulator’s License for Digital Currency Operations

Noah Rypton3 years ago2 min read

Crypto.com Receives EMI License from UK’s FCA Major crypto exchange Crypto.com has obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA).…

Bank of America Faces $12 Million Penalty for Repeated Violations, Transmitting Inaccurate Data to Regulatory Authorities

Daisy Hodley3 years ago3 min read

Bank of America Fined $12 Million for Violating Reporting Requirements The Consumer Financial Protection Bureau (CFPB) has imposed a $12 million fine on Bank of America…

Bloomberg: Regulators’ Actions Prompt SoFi to Exit Cryptocurrency Market

Theon Barrett3 years ago2 min read

Sofi Exits Crypto Business Amid Regulatory Scrutiny SoFi, the online personal finance company, has announced its exit from the cryptocurrency business due to increased regulatory scrutiny.…

Promising Future for Cryptocurrency Envisioned by Kraken’s Chief Legal Officer Following Binance’s Resolution with US Government

Daisy Hodley3 years ago2 min read

Kraken’s Chief Legal Officer Optimistic About Crypto Future After Binance Settlement The Chief Legal Officer of Kraken, Marco Santori, believes that Binance’s decision to settle with…

Friday Sees Crypto Markets Rise as Fed Chair Jerome Powell Expresses Ambivalent Views on Inflation in Recent Speech

Daisy Hodley3 years ago2 min read

Bitcoin and Crypto Markets See Positive Movement Following Fed Chair’s Speech Bitcoin (BTC) and the cryptocurrency markets experienced an upward tick on Friday after Jerome Powell,…

Coinbase Experiences a 200% Surge in Government and Law Enforcement Information Requests Since 2020

Daisy Hodley3 years ago2 min read

US-based crypto exchange Coinbase has experienced a significant increase in the number of customer information requests from government and law enforcement entities over the past three…

SEC Asks for Public Input on Fidelity’s Proposed Ethereum ETF

Daisy Hodley3 years ago2 min read

SEC Requests Public Opinion on Fidelity’s Proposed Ethereum ETF The U.S. Securities and Exchange Commission (SEC) is seeking the public’s input on whether they believe Fidelity,…

SEC Commissioner Hester Peirce Criticizes Agency’s Inadequate Management of US Crypto Industry

Daisy Hodley3 years ago3 min read

SEC Commissioner Hester Peirce Criticizes Agency’s Regulation of Crypto Industry Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), has once again voiced…

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