Compliance

On March 30, a spokesperson for Binance. US said that Binance. US expects to resume the automatic clearing center (ACH) deposit and withdrawal service of Signature Bank within 24 h

On March 29th, Huobi released an article entitled \”Fire in the Heart, Road in the Distance!\” in response to some recent false statements that deliberately discredit Huobi. Specific

According to reports, the United States Securities and Exchange Commission has accused Beaxy, a cryptocurrency platform, and its executives of failing to register as exchanges, bro

On March 29, it was reported by the Financial Times that Qian An had been concealing substantive ties with China for many years. Zhao Changpeng, the CEO of Coin Safety, and other s

According to reports, Rohit Chopra, director of the United States Consumer Financial Protection Agency (CFPB), said that the recent failures of medium-sized U.S. banks showed that

According to reports, Meiya Baike stated on the interactive platform that the company will conduct the layout of various AIGC content detection, AI generated text detection technol

On March 28th, CZ, the CEO of Binance, released a response to the CFTC lawsuit on its official website, stating that Binance had cooperated with CFTC for more than two years and ex

On March 27, according to the CFTC\’s allegations, it requested sanctions against Binance, including requesting the court to issue the following order:
CFTC requires the court to is

According to reports, according to litigation information submitted by the U.S. Commodity Futures Trading Commission (CFTC), Samuel Lim, the first chief compliance officer of Coin

On March 26th, cryptocurrency advocates said that many UK cryptocurrency companies find it difficult to obtain banking services because many banks completely restrict their interac

According to reports, Bitcoin Archive tweeted that the Federal Reserve rejected the request of Customia Bank to join the Federal Reserve system because the bank focused on Bitcoin.

It is reported that Elliptic, a crypto asset risk company, has announced that it has established a partnership with AlphaPoint, a white label trading software provider. The two companies will jointly integrate comprehensive encryption compliance services as a technology integration option for their global independent digital asset exchanges, brokers, and wallet customer base. Interpretation of this information: Elliptic, a crypto asset risk company, and AlphaPoint, a white label trading software provider, have recently announced their partnership to integrate comprehensive encryption compliance services as a technology integration option for their global…

According to reports, the Indian cryptocurrency exchange WazirX released its fourth transparency report. During the period from October 2022 to March 2023, WazirX stated that it maintained a 100% compliance record for all requests received from law enforcement agencies (LEAs), and the requests received involved transactions with a total value of $390 million. In addition, WazirX actively identifies suspicious active accounts through third-party platforms and shares information with the Financial Investigation Unit (FIU-IND). Interpretation of this information: In recent years, India has witnessed the rapid growth of the cryptocurrency market,…

It is reported that Coinbase, Robin Hood, Kraken and other companies may face lawsuits for potential violations of securities laws. （Fox Business） Interpretation of this information: The news on Fox Business reports that companies like Coinbase, Robin Hood, and Kraken may be facing lawsuits due to possible violations of securities laws. This announcement comes at a time when cryptocurrencies have seen a massive boom in popularity, and digital asset trading platforms have become a mainstream service. However, this has brought increased scrutiny from regulators and lawmakers who are concerned about…

According to reports, Gary Gensler, chairman of the Securities and Exchange Commission (SEC), said that since ancient times, the financial world has been based on trust and the rule of law. In addition, from banks to stock exchanges, finance has tended to be centralized and interconnected. The encryption market is no exception. First of all, intermediaries and tokens should comply appropriately by themselves. The business structure of cryptocurrency intermediaries should comply with our laws governing stock exchanges, broker-dealers and clearinghouses; They can develop rulebooks to prevent fraud and manipulation. The…

According to reports, Alchemy Pay, a cryptopayment service provider, tweeted that it had no risk exposure to Silicon Valley Bank and Silvergate, and no funds were deposited in these institutions. Its cooperative banks fully complied with all regulations. Interpretation of this information: The message from Alchemy Pay, a crypto payment service provider, indicates that the company has no risk exposure to Silicon Valley Bank and Silvergate. It also states that no funds were deposited in these institutions, and that all its cooperative banks are fully compliant with the regulations. This…

On March 10, the United States Department of Justice (DOJ) filed an appeal on Thursday night, challenging the judgment of the New York Bankruptcy Judge allowing Binance. US to buy the bankrupt Voyager Digital assets for billions of dollars. Interpretation of this information: The United States Department of Justice (DOJ) has filed an appeal against the ruling of a New York bankruptcy judge that allowed Binance.US to purchase bankrupt Voyager Digital’s assets for billions of dollars. This move highlights the tensions between the government and the cryptocurrency industry. There is…

It is reported that Toku, a crypto compensation compliance company, completed the first round of financing of US $20 million, with investors including Blockchain Capital, GMJP, OrangeDAO, Reverie, Quantstamp and Next Web Capital and other companies, as well as the founder of Protocol Labs, Juan Benet, Cameron and Tyler Winklevoss and other investors. Interpretation of this information: Toku, a crypto compensation compliance company, has successfully completed its first round of financing that reached a whopping $20 million according to reports. The investment was led by several big names in the…

According to reports, Gensler, chairman of the US Securities and Exchange Commission, said that cryptocurrency must comply with the rules of the SEC at present. Interpretation of this information: The news that Gensler, the chairman of the US Securities and Exchange Commission (SEC), said that cryptocurrency must comply with the rules of the SEC at present has garnered attention in the cryptocurrency world. The reason is quite simple: it is a sign that regulators intend to assert their authority over this industry. Cryptocurrency is a new asset class that operates…

On February 27, Gene Hoffman, the new CEO of Chia Network, said on Twitter that he believed Ripple would lose the legal battle with the Securities and Exchange Commission (SEC). Interpretation of this information: The tweet from Gene Hoffman, the new CEO of Chia Network, regarding Ripple’s legal battle with the Securities and Exchange Commission (SEC) has attracted attention and raises questions about the future of Ripple. As of now, the SEC has filed a lawsuit against Ripple Labs, accusing them of violating investor protection laws by selling XRP coins…