Tag: Regulators

Binance Bracing Itself for Fines From US Regulators to Settle ‘Previous Conduct’: WSJ

Although regulatory scrutiny on Binance has intensified following its rival FTX’s collapse final November, Binance has been underneath investigation by the U.S. Lawyer’s Workplace for the Western District of Washington since not less...

Stablecoin issuer Paxos reportedly probed by New York regulators

Paxos Belief Firm — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Greenback (USDP) — is reportedly being investigated by the New York Division of Monetary Companies (NYDFS). A “particular person...

Coinbase Settles for $100M With Regulators Over Compliance System

Key Takeaways Coinbase has reached a $100 million settlement with the New York Division of Monetary Companies over its compliance program. The alternate has been fined $50 million, and has agreed to speculate an additional...

Nothing acquired fastened after the 2008 monetary disaster. We’re going to pay a horrible worth for the fecklessness of the Fed and our nugatory,...

Too quickly? pic.twitter.com/Yq5yhbiDQb — Financelot (@FinanceLancelot) December 16, 2022 J Powell – "We printed an excessive amount of cash, costs went up too shortly and also you could not afford stuff…fear not! We'll now scale back...

U.S. Regulators Are Coming for Crypto. How Will the Future Look?

Key Takeaways Several recently proposed bills and ongoing enforcement cases could define crypto industry's future in the U.S. If the SEC and CFTC win their ongoing crypto lawsuits, they could set a terrible precedent for...

Crypto assets are no longer niche and regulators need to catch up — IMF

The past few years have seen crypto assets moved from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to the...

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