Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,380,996,177,395.11
  • 24h Vol: $52,943,641,031.25
  • BTC Dominance: 56.62%

2021

study-reveals-south-korea’s-‘kimchi-premium’-strongly-linked-to-international-remittances-to-china

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China

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A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Korea’s ‘Kimchi Premium’ According to a study […]

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coinbase-agrees-to-$100-million-settlement-with-new-york-financial-regulator-for-anti-money-laundering-violations

Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations

Leave a Comment / $50 million fine, 100 million, 2018, 2020, 2021, Adrienne Harris, AML, AML background checks, anti-money laundering, anti-money-laundering controls, banks, Bitcoin, COIN, Coinbase, Compliance, compliance problems, consent order, crypto companies, crypto exchange, Crypto Hacked, Cryptocurrency, custodial firm, enhanced due diligence, Ethereum, financial regulator, illicit financing, inadequate, independent examiner, Investigation, Know-Your-Customer, KYC guidelines, Nasdaq: COIN, New York regulator, News, NYDFS, Settlement, Stock, transaction monitoring / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s anti-money laundering controls were inadequate from 2020 through 2021.

Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations Read More »