ENFORCEMENT

Crypto / Digital Assets

US SEC Drops Cases Against Crypto Firms Including Coinbase

By Nithya Subramanian | 03/03/2025

Coinbase, Robinhood Crypto, Uniswap Labs, Gemini and OpenSea have all said SEC enforcement probes against them have ended.

AML / KYC

US Authorities Impose $505m AML Penalty on Crypto Firm OKX

By Nithya Subramanian | 27/02/2025

The DOJ said OKX did not implement required AML policies, enabling over USD 5 billion in suspicious transactions to flow through its platform.

Enforcement

Vietnam Launches Probe into Bank Lending Rates

By Editors | 27/02/2025

Commercial banks seen as responsible for negatively impacting lending by raising their interest rates may face penalties.

Enforcement

MAS Imposes Fines on Five Individuals for False Trading

By Nithya Subramanian | 27/02/2025

Joint investigations by MAS and the police found that the group was artificially inflating the share price of Epicentre Holdings in 2019.

Enforcement

KoFIU Partially Suspends Upbit’s Business Over AML Violations

By Mark Johnston | 27/02/2025

Upbit is prohibited from transferring virtual assets for new customers for three months. Disciplinary action also taken against 9 employees.

Enforcement

CFTC Issues New Advisory to Incentivise Self-Reporting of Violations

By Thisanka Siripala | 27/02/2025

The advisory introduces a new matrix which the CFTC will use to reward self-reporting of violations through reduced penalties.

Enforcement

Korea FSS Sanctions Four Credit Evaluation Firms

By Thisanka Siripala | 26/02/2025

Inadequate document management, conflicts of interest, and failures in internal review processes were discovered at the four companies.

Enforcement

OAIC Accepts Oxfam Australia Enforceable Undertaking

By Sanday Chongo Kabange | 26/02/2025

The enforceable undertaking requires Oxfam Australia to implement a range of measures designed to enhance personal data protection.

Enforcement

SEBI Fines Indian Clearing Corporation for Cybersecurity Lapses

By Nithya Subramanian | 26/02/2025

SEBI said the BSE subsidiary didn’t maintain an up-to-date inventory of IT assets or comply with requirements to identify critical assets.