Binance Connect relaunches with integrated crypto-to-fiat service
Binance has integrated the revived Binance Connect service more tightly into its ecosystem. Go to Source
crypto compliance
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Dubai’s crypto regulator cracks down on unlicensed firms
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. Go to Source
Dubai regulator tightens rules on crypto marketing
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly. Go to Source
Central Bank of Latvia opens pre-licensing consultations to crypto companies
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers. Go to Source
Australian regulator claims win over Kraken’s Bit Trade in federal court
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. Go to Source
Bybit receives VASP, card operator registration in Argentina
Bybit’s registration as a Virtual Asset Service Provider was made possible by a law passed in July. Go to Source
OKX cracks down on Tornado Cash users with account terminations
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms. Go to Source
UK’s FCA provides more guidance on crypto promotion compliance
The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October. Go to Source
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties. Go to Source
Bitget in ‘active discussions’ to receive licensing in India
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations. Go to Source
