Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,700,298,593,022.06
  • 24h Vol: $378,654,309,304.75
  • BTC Dominance: 52.86%

Compliance

pavel-durov-reveals-telegram-has-been-disclosing-data-to-authorities

Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

Leave a Comment / 2018, Authorities, Bitcoin, Compliance, Criminals, Crypto Hacked, Cryptocurrency, Disclosure, Ethereum, Featured, freedom, IP addresses, Law Enforcement, Pavel Durov, phone numbers, Privacy Policy, Telegram, Transparency, user data / / / , , , , , , , , , , , , , ,

Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the […]

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sec-fines-prager-metis-$1.95m-over-negligent-ftx-audits

SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

Leave a Comment / Alameda Research, audit, audit standards, Bitcoin, Compliance, Crypto, Crypto Hacked, Cryptocurrency, Eric Bustillo, Ethereum, Financial Markets, ftx, Gurbir Grewal, investor protection, negligence, penalties, Prager Metis, Regulation, SEC / / / , , , , , , , , , , , , , , ,

The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s

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Kraken Crypto Exchange Operator Fined by Australian Court

Leave a Comment / ASIC, Australia, Bit Trade Pty Ltd., Bitcoin, Compliance, consumer protection, Corporations Act, credit facility, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, federal court, Kraken, legal, Margin Trading, Regulatory / / / , , , , , , , , , , , , , ,

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer

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binance-unveils-plan-to-hire-1,000-employees-this-year,-prioritizing-compliance-amid-regulatory-pressure

Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure

Leave a Comment / Binance, Bitcoin, Compliance, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exchanges, Hiring, legal challenges, Regulatory, Richard Teng, workforce / / / , , , , , , , ,

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal challenges. Binance to Expand Workforce With 1,000 New Hires Amid Regulatory Scrutiny Binance CEO Richard

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binance-goes-live-in-india:-full-access-for-indian-users

Binance Goes Live in India: Full Access for Indian Users

Leave a Comment / AML, anti-money laundering, Binance, Bitcoin, Compliance, Crypto, Crypto Hacked, Cryptocurrency, Digital Asset, Ethereum, Exchanges, Financial Intelligence Unit, India, Indian market, platform, Regulations, reporting entity, Richard Teng, VDA, X / / / , , , , , , , , , , , , , , , ,

Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange

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47 Companies Apply to Operate in Turkey Under New Crypto Regulations

Leave a Comment / Binance Turkey, Bitcoin, BitFinex, BTCTurk, Capital Markets Board, Compliance, Crypto, Crypto asset, Crypto Hacked, Cryptocurrency, Ethereum, Financial Technology, legal action, Liquidation, Okx, operating permit, Regulation, Regulations, Turkey / / / , , , , , , , , , , , , , , ,

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets

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report:-binance-us-struggles-to-secure-banking-partner-amid-regulatory-crackdown-on-crypto-industry

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

Leave a Comment / Banking, banking partner, Binance.us, Bitcoin, Bittrex, Blockchain, CFTC lawsuit, Changpeng Zhao, Compliance, Cross River Bank, Crypto, crypto exchanges, Crypto Hacked, Cryptocurrency, Customers Bancorp, derivatives rules, Digital Assets, Economy, Ethereum, Finance, Financial Regulation, Financial Services, Fintech, industry news, Innovation, Investments, money, News, payment providers, regulatory concerns, Samuel Lim, Startups, trading rules, US banks, US operations, US-based banks, Wall Street Journal / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say

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ftx-eu-launches-new-website-for-withdrawals-as-subsidiary-starts-returning-funds-to-customers

FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers

Leave a Comment / anti-money laundering, authorized, Bitcoin, business partners, Compliance, Crypto Hacked, Cryptocurrency, Cryptocurrency Trading, Customer Accounts, customer balances, customer eligibility, Cyprus law, Cyprus Securities and Exchange Commission, delayed withdrawals, email notification, environment, Ethereum, fiat currency, formal verifications, ftx, FTX Europe, FTX Japan, Know-Your-Customer, new website, News, password reset, regulated, Regulations, safe and secure, Sam Bankman-Fried, segregated funds, Verification, withdrawal process, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer and anti-money-laundering checks.” FTX’s European Arm Opens Withdrawals to Customers According to a press release published on Friday,

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law-firm’s-white-paper-claims-us-bank-regulators-are-waging-a-‘clandestine-financial-war’-against-crypto-businesses

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

Leave a Comment / Access to crypto, accounts, anti-commandeering doctrine, bank examiners, Banking, Barney Frank, Biden Administration, Bitcoin, Compliance, constitutional protections, Cooper & Kirk, Crypto Hacked, crypto industry, Crypto Proponents, Cryptocurrency, Customers, Due Process, Enforcement, entities, Ethereum, FDIC, federal regulators, Finance, financial system, financial war, Government, industry, institutions, Law, law-abiding, lawful, legal, News, non-delegation doctrine, OCC, off-ramps, on-ramps, operation chokepoint, purging, Regulation, Reputation, risk, Signature Bank, state officials, supervision, US banks, White Paper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with

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former-ftx-ceo-sam-bankman-fried-faces-new-bribery-charges-for-alleged-crypto-payment-to-chinese-officials

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

Leave a Comment / Alameda Research, Bank Fraud, Bitcoin, bribery, CFTC, Charges, Chinese officials, Compliance, Corruption, criminal charges, criminal proceedings, Crypto Hacked, Cryptocurrency, cryptocurrency exchanges, cryptocurrency industry, Cryptocurrency Payments, Digital Assets, Digital Currency, Ethereum, Financial crime, financial misconduct, Financial Regulation, financial wrongdoing, ftx, government officials, guilty pleas, indictment, international bribery, Investigations, legal action, legal case, legal consequences, Money Laundering, News, quantitative trading, regulatory oversight, Sam Bankman-Fried, sbf, SEC, securities fraud, US Department of Justice, Virtual Currency, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO

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