News with the tag "Enforcement Action"

A report by Cornerstone Research , as cited by Cointelegraph , reveals that the U.S. Securities and Exchange Commission (SEC) initiated just 33 crypto-related enforcement actions in 2024 , marking a 30% decline compared to the 47 cases filed in 2023. The significant reduction came during the final y...

CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since.

Donald Trump's team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.

Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.

CFTC Chair Rostin Behnam hopes a new Congress and president can accelerate crypto regulations.

“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers.

Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes.

The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known for its crypto-friendly stance, were detailed in an enforcement action...

The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined.

The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning th...