Latest News for: shumba

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OKX Fined $1.2M by Malta for Breaching Money Laundering Rules

CoinDesk 04 Apr 2025
OKX's Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta's financial watchdog on Thursday for breaching the country's money laundering rules ... .
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BlackRock Secures UK FCA Crypto Registration

CoinDesk 02 Apr 2025
BlackRock managed to land on the Financial Conduct Authority's tough crypto register on Tuesday, the regulators website showed ... Registration on the U.K.'s crypto register is not an easy feat ... The U.K ... .
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Galaxy Secures UK Approval for License to Expand Derivatives Trading

CoinDesk 02 Apr 2025
Galaxy Digital UK, the subsidiary of Mike Novogratz-led digital asset financial services firm's application for a license to execute derivatives trading in the U.K. has been approved by the Financial Conduct Authority (FCA) ... .
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U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say

CoinDesk 01 Apr 2025
"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," a spokesperson for the European Union's financial markets regulator said in an interview ... Since becoming president on Jan ... .
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Australia Warns Crypto ATM Providers on Missing Anti-Money Laundering Checks

CoinDesk 31 Mar 2025
AUSTRAC, Australia's anti-money laundering watchdog, put crypto ATM providers on notice for not complying with required standards ... Australia has the highest numbers of crypto ATMs in the Asia Pacific region, and the number is growing ... In the U.K ... .
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UK Regulator Intends to Start Authorizing Crypto Firms in 2026

CoinDesk 28 Mar 2025
The U.K.'s crypto industry has just over 12 months to prepare for an even stricter regulatory regime, a senior official with the country's finance regulator said ... "We will have a gateway which will allow authorization ... Read more. U.K ... Read more.
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Crypto Bill to Combat Illicit Activity Gets New Push After Passing U.S. House in 2024

CoinDesk 28 Mar 2025
U.S ... The Financial Technology Protection Act (FTPA) introduced on Thursday would set up an interagency working group, also including crypto industry insiders, to scrutinize activity related to terrorism and digital assets ... crypto markets. .
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Banks' Spot Crypto Holdings Continue to Collapse as Firms Move to ETPs

CoinDesk 26 Mar 2025
BCBS, which focuses on setting measures to ensure the stability of banks, gathered voluntary and confidential submissions from 176 banks — of which 115 are internationally active — in June 2024 ... Read more ... .
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