The DOJ has appealed the decision to allow Changpeng Zhao to leave the US until sentencing on 23 February 2024.
November 24, 2023The US subsidiary of South Korea's Shinhan Bank will pay a USD 15 million penalty to settle cases from FinCEN, the FDIC, and NYDFS.
October 2, 2023DWS said it stands by the ESG statements made in its financial disclosures and fund prospectuses and has already taken steps to address weaknesses.
September 26, 2023Commissioner Summer Mersinger dissented with the orders saying the CFTC should instead be engaging with the public on these matters.
September 11, 2023The bill, if enacted, would require firms to start reporting crypto transactions exceeding $10,000 after 18 months.
August 10, 2023Self-reporting of sanctions and export controls violations make companies potentially eligible for "significant mitigation".
July 27, 2023Witnesses criticised FinCEN for introducing overly complex rules and failing to account for the reporting burden on small businesses.
July 19, 2023The judgment also imposes a fine, permanent trading and registration bans, the shutdown of Ooki DAO's website, and the removal of its online content.
June 12, 2023Treasury calls on the private sector to use the risk assessment to inform their risk mitigation strategies, and offers recommendations on government action.
April 8, 2023The bill would categorise all crypto firms as money transfer businesses, requiring them to implement AML programmes and prohibiting the use of crypto mixers.
December 20, 2022