The US Commodity Futures and Trading Commission has charged Binance and two of its top executives with "wilful evasion of US law" and is seeking disgorgement, civil monetary penalties and permanent trading and registration bans against the digital asset firm.
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, continues its strategic partnership with Plug and Play Abu Dhabi, the world's largest innovation enabler, this time seeking FinTech's to support the bank in its risk management domain.
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has unveiled its perpetual Know Your Customer (pKYC) maturity model, setting a new benchmark for regulatory compliance to support the fight against financial crime.
AMLYZE, a fast-developing RegTech startup that helps fintechs, crypto businesses, banks, and other regulated entities to fight against financial crime, is strengthening its team with anti-money laundering expert Eglė Kontautaitė, former Head of the Money Laundering Prevention Division at the Bank of Lithuania.
The Securities and Exchange Commission has charged eight celebrities - including actress Lindsay Lohan and YouTube star Jake Paul - for illegaly touting crypto asset tokens without disclosing that they were paid for doing so.
Trade Association CryptoUK has written to the government expressing "deep concern" about recent moves by banks to limit cryptocurrency purchases and suggested the creation of a "white list" of exchanges that should be exempt from such restrictions.
