Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week.
Category: United States
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KuCoin Faces Charges For AML Violations In The US
KuCoin, a prominent player in the cryptocurrency exchange arena, has found itself embroiled in legal proceedings with US prosecutors over alleged violations of anti-money laundering (AML) regulations. The exchange, known for its substantial daily trading volume exceeding $2 billion, has been accused of failing to comply with American AML rules, as revealed by federal prosecutors in Manhattan. US prosecutors charged KuCoin, one of the world’s largest cryptocurrency exchanges, and two of its founders for failing to comply with American anti-money laundering rules. https://t.co/QVv6VUh95S — Bloomberg Crypto (@crypto) March 26, 2024 According to prosecutors, KuCoin and its founders have been charged
The post KuCoin Faces Charges For AML Violations In The US appeared first on The Merkle News.
The Pope and US regulators warn about AI risks: Law Decoded
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it.
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
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Can crypto mixers adapt to survive US authority prosecution?
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Tether responds to US lawmakers’ calls for DOJ action
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SEC officials meet again with spot Bitcoin ETF filers
Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler’s team meeting with BlackRock and Hashdex representatives.
CoinList agrees to $1.2M settlement over apparent US sanctions violations
The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control.
Binance, crypto firms optimistic about UAE amid potential US regulatory shift
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.
Coinbase introduces spot crypto trading for institutional investors outside US
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