Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.
Regulation news
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts.
Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration
The program will last for 30 days and points will be convertible to Arkham’s native token, ARKM.
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment.
Gaetz’s nomination for US attorney general signals a potential shift in the DOJ’s stance on crypto, innovation and regulatory policies.
Not endorsed by Donald Trump, Senator John Thune defeated the Elon Musk-supported Senator Rick Scott to become the new Senate majority leader.
Delhi Police have made a breakthrough in the $235 million WazirX hack case, arresting a key suspect in West Bengal.
A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.
BlockTower’s venture capital arm, BlockTower Venture Capital, will continue to operate independantly.