KuCoin Exchange Pleads Guilty to Operating Unlicensed Money-Transmitting Business
KuCoin exchange has pleaded guilty to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture.
KuCoin exchange has pleaded guilty to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture.
Senator Cynthia Lummis has announced the formation of the Senate Banking Digital Assets Subcommittee, which she will chair.
Digital asset investment products saw significant inflows of $1.9 billion last week, pushing year-to-date (YTD) inflows to a total of $4.8 billion.
Rosseti, Russia’s largest energy provider, is preparing to enter the crypto mining sector by utilizing idle power capacity at its underused power plants.
Indonesian crypto market saw remarkable growth in 2024, with trading activity surging by 335.9%, reaching Rp 650.61 trillion ($40.2 billion).
Eric Trump, the son of President Donald Trump, may propose a 0% capital gains tax policy for US-based crypto projects under the Trump administration.
The U.S. House Oversight Committee is investigating the alleged debanking in crypto firms.
Venture capital firm Andreessen Horowitz (a16z) is scaling back its operations in the UK, shifting its focus to the US crypto market.
The U.S. Securities and Exchange Commission has axed crypto accounting guidance that drew ire from the industry for a long time.
U.S. President Donald Trump has signed an executive order barring the creation and issuance of a Central Bank Digital Currency, CBDC, in the country.
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