Fines News

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.

A group of State Duma representatives are expected to submit their own version of the bill to penalize cryptocurrency users within the next few days