Fines News

The penalty comes after months of heightened regulatory attention to crypto lending platforms.

MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law.

Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years.

Crypto exchanges operating in the country that do not register by September 24 face potential fines or even jail time.

More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions.

South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges.

To ban crypto or to tax, that seems to be the question.

The U.S. Securities and Exchange Commission reaches a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network.

The U.S. Securities and Exchange Commission has settled with Block.one for $24 million for conducting an unregistered ICO.

Blockchain entrepreneur Alex Tapscott has settled with Canadian regulators, and will pay a fine in addition to providing business ethics lectures.

A traffic fines administrator is doing all she can to get aboard the Bitcoin bus.

Spain passed a law enacting fines of up to US$33,000 for peaceful protest and filming of police.

Sand Hill Exchange, a venture allowing investors to bet against unlisted tech startups using the blockchain, has been fined US$20,000 by the US Securities and Exchanges Commission (SEC).

Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN).

Council on Foreign Relations describes Bitcoin as ‘the craziest thing since the 1630s’; PayPal fined US$7.7 million for allowing transactions to countries covered by the United States' sanctions policy and more top stories for March 27.