News with the tag "crypto platforms"

Russia’s largest bank, Sberbank, is reportedly becoming one of the official market makers for the upcoming regulated crypto platforms following the country’s regulatory developments within its digital asset landscape. The bank reportedly expects the emergence of a “new world” of instruments for inve...

The Federal Bureau of Investigation (FBI) has issued a warning about Ichcoin, a fraudulent cryptocurrency platform that is deceiving investors across the U.S. by luring them in through social media, then tricking them into wiring large sums of money. Victims are led to believe their investments are ...

Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.

OKX CEO Star Xu warned users that deposit to and withdrawals from sanctioned crypto platforms, including Garantex and Tornado Cash, could result in freezing your funds. OKX CEO Star Xu

A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice (DOJ...

India’s financial watchdog, the Financial Intelligence Unit (FIU), is reportedly getting renewed interest from offshore crypto exchanges. Local outlet Business Standard reported Friday that four additional offshore exchanges have requested permission to operate in India. It comes after Binance and K...

Hong Kong’s Securities and Futures Commission (SFC) has recently announced it will conduct in-site office inspections for the crypto platforms seeking licensing. The watchdog highlighted that the 18 “deemed-to-be-licensed” applicants would have to undergo the examination to receive approval of their...

South Africa is on the verge of making history in the African continent by gearing up to license about 60 cryptocurrency platforms by the end of this month. This move positions the nation as a frontrunner in requiring cryptocurrency exchanges to secure operating licenses. With a staggering interest ...

Cyprus is taking significant steps to fortify its regulatory framework within the cryptocurrency sector. The country is set to implement rigorous penalties for cryptocurrency service providers (CSPs) that neglect to register with the appropriate authorities. These penalties, encompassing substantial...

Cyprus is taking significant steps to fortify its regulatory framework within the cryptocurrency sector. The country is set to implement rigorous penalties for cryptocurrency service providers (CSPs) that neglect to register with the appropriate authorities. These penalties, encompassing substantial...