News with the tag "scrutiny"

China’s new forex rules require Chinese banks to track identity, fund sources, and trading frequencies to curb cross-border crypto activities.

The WazirX hack saga has taken a critical turn as the Delhi High Court mandated a fresh probe into the $235 million breach. The court intervened after the initial police investigation failed to uncover sufficient criminal evidence. The hack, reportedly linked to a North Korean hacking group, exploit...

Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.

After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators.

The FSA of Japan warns LBank Exchange against unlicensed operations, citing regulatory concerns. The agency states that the exchange offered services without registering with the authority. LBank listed Aethir (ETH) on June 12, providing users an opportunity to trade the ATH/USDT trading pairs on th...

The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies and prominen...

Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny.

Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions.

Uniswap Labs finds itself under the regulatory radar as the U.S. Securities and Exchange Commission (SEC) issues a Wells notice, signaling potential enforcement action. This development unveils intricate legal debates surrounding the liability of open-source developers in decentralized ecosystems. U...

An analyst has asserted that Ethereum (ETH) remains on track to break the $4K mark. The conclusion emerged from a bullish pattern observed on ETH’s four-hour candlestick. However, Ethereum is The post Can Ethereum (ETH) Break Through $4K Amid SEC Scrutiny? appeared first on BitcoinWorld .