Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg
Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance. Go to Source
Compliance
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Regulation compliance key to India’s crypto future — Bitget COO
As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth. Go to Source
Uphold’s Topper brings crypto withdrawals to all non-custodial wallets
Topper’s crypto off-ramp solution is designed to allow anyone using a self-custodial wallet like MetaMask to convert their crypto into fiat. Go to Source
Alchemy Pay expands US compliance with four new state licenses
Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses. Go to Source
Transak Secures FINTRAC Registration in Canada and US Money Transmitter License in Delaware
Transak has recently obtained regulatory licenses in Canada and Delaware, solidifying its presence in North America’s cryptocurrency markets. Transak Expands Regulatory Reach in the U.S. and Canada Transak, a Miami-based Web3 payments platform, has achieved two regulatory milestones in both Canada and the United States. In Canada, Transak has registered with the Financial Transactions and … Read more
Paxos launches USD-backed USDG stablecoin with DBS Bank
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework. Go to Source
Telegram to open an office in Kazakhstan, boost regulatory compliance
Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation. Go to Source
TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy
TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the first to … Read more
New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the growing virtual currency sector. The role involves using blockchain analytics to monitor risks. Applications are due by Oct. 14. New … Read more
Binance Secures 20th Global Milestone With Argentina Crypto Registration
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced … Read more
