UK Financial Regulator Slaps Coinbase Subsidiary With $4,500,000 Fine for Onboarding High-Risk Customers
UK’s Financial Conduct Authority (FCA) says it imposed a fine of £3,503,546 or about $4.5 million on CB Payments Limited ...
Tag: Regulator
South Korea’s Financial Regulator Launches System To Monitor Crypto Fraud in Real Time
The regulator overseeing South Korea’s financial institutions is unveiling a new surveillance system for illicit crypto activities as the nation ...
Bank of America Customers’ Information Illegally Accessed and Sold As Renegade Staffer Sparks Fraudulent Withdrawals: US Regulator
A US banking regulator says a Bank of America employee has illegally accessed customer accounts, leading to tens of thousands ...
US Commodity Regulator Investigating Crypto Arm of Chicago-Based Trading Firm Jump: Report
US federal commodities regulators are reportedly probing Chicago-based trading firm Jump’s crypto business. Citing a person familiar with the matter, ...
Binance to appeal $4.4M fine from Canadian regulator
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local ...
JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US ...
US Regulator Says Bank Will Pay $1,500,000 Settlement for Allegedly Overcharging and Deceiving Hundreds of Customers in Veterans’ Loan Scandal
A US regulator says it’s reached a $1.5 million settlement with a bank that caused “significant harm” to its customers. ...
EU Regulator Considers Approving Bitcoin for UCITS Products
The European Securities and Markets Authority (ESMA), the EU's financial watchdog, is reviewing whether to allow Bitcoin into the region's ...
Robinhood Crypto Arm Targeted by SEC With Wells Notice As Expert Says Regulator Abusing System
The U.S. Securities and Exchange Commission (SEC) has alerted Robinhood Crypto that the regulatory agency will soon be pursuing legal ...
US regulator seeks $5bn penalty against Do Kwon and Terraform Labs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US ...