Mudrex reported a 200% yearly increase in its user base, surpassing 3 million.
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The Australian financial services regulator has sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections.
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Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.
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Binance has integrated the revived Binance Connect service more tightly into its ecosystem.
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Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.
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VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
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Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.
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A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Bybit’s registration as a Virtual Asset Service Provider was made possible by a law passed in July.
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As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms.
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