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UK REGULATOR TAKES ACTION AGAINST UNREGISTERED CRYPTO ATMS IN LEEDS |1300 HKT | 0600 UKT | 15 February 2023

by Александр Пирогов | Feb 15, 2023 | Blog News

The UK Financial Conduct Authority (FCA) conducted a joint operation with the West Yorkshire Police’s cyber team to inspect several sites around the city of Leeds that were suspected of installing unregistered crypto ATMs. The FCA emphasized that all cryptoasset...

BRAZIL’S LARGEST PUBLIC BANK ALLOWS TAXPAYERS USING CRYPTO TO PAY TAX BILL|1300 HKT | 0600 UKT | 14 February 2023

by Александр Пирогов | Feb 14, 2023 | Blog News

Brazil’s largest public bank Banco do Brasil announced on 11 February its cooperation with crypto firm Bitfy to enable taxpayers to pay their taxes in crypto. Taxpayers could scan a barcode for checking their tax bill and then they would be able to see the amount of...

DBS PLANS TO APPLY FOR LICENSE FOR OFFERING CRYPTO TRADING IN HONG KONG |1300 HKT | 0600 UKT | 14 February 2023

by Александр Пирогов | Feb 14, 2023 | Blog News

DBS Group Holdings Ltd is reportedly planning to apply for a license for offering crypto to customers in Hong Kong. Sebastian Paredes, chief executive of DBS Bank (Hong Kong), revealed at a briefing in Hong Kong on 13 February that the bank was planning to apply for a...

NYDFS ORDERS PAXOS TO CEASE MINTING BINANCE USD STABLECOIN |1300 HKT | 0600 UKT | 14 February 2023

by Александр Пирогов | Feb 14, 2023 | Blog News

The New York Department of Financial Services (NYDFS) has reportedly ordered Paxos Trust Company to cease minting Binance USD stablecoin due to several unresolved issues related to the company’s oversight of its relationship with Binance regarding Paxos-issued BUSD....

CRYPTO ATM OPERATOR COIN CLOUD FILES CHAPTER 11 BANKRUPTCY IN US COURT |1300 HKT | 0600 UKT | 10 February 2023

by Александр Пирогов | Feb 10, 2023 | Blog News

The world’s second-largest crypto ATM operator Coin Cloud has reportedly filed Chapter 11 bankruptcy in US Bankruptcy Court for the District of Nevada. Chris McAlary, Coin Cloud founder, CEO and president said the company had the support of its largest creditors and...

KRALEN AGREES TO PAY $30 MILLION AND CEASE ITS STAKING PROGRAMS TO SETTLE THE SEC’S CHARGES |1300 HKT | 0600 UKT | 10 February 2023

by Александр Пирогов | Feb 10, 2023 | Blog News

Cryptocurrency exchange Kraken has reportedly reached an agreement with the US Securities and Exchange Commission (SEC) to settle the commission’s charge of failing to register the offer and sale of crypto asset staking-as-a-service program. The SEC said the company...
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