BITPRISMIA
Mudrex reported a 200% yearly increase in its user base, surpassing 3 million.
The Australian financial services regulator has sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections.
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.
Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and hefty penalties for noncompliance.
Binance promised at least 200 new compliance staffers and it will have that by yearend.
Binance has integrated the revived Binance Connect service more tightly into its ecosystem.
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.
Canada extends crypto compliance deadline to the end of 2024, giving exchanges more time to meet requirements amid concerns over stablecoin risks.
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
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.