Category: Crypto Compliance

Bitmex plead guilty to money laundering chargesC
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January 15, 2025

Compliance Analysis Report: Court Order Against Crypto Exchange BitMEX!

The crypto exchange BitMEX has been ordered to pay a $100 million fine for violations of U.S. anti-money laundering (AML) laws. This decision concludes a prolonged legal battle concerning BitMEX's non-compliance with regulatory requirements between 2015 and 2020. This case highlights the growing enforcement actions against crypto platforms that fail to implement adequate AML measures.
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CFTC Consent Order against Gemini TrustG
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January 14, 2025

Gemini Trust Slapped with $5 Million Penalty for Misleading CFTC

The U.S. Commodity Futures Trading Commission (CFTC) has issued a $5 million fine to Gemini Trust Company LLC for making false or misleading statements during a 2017 bitcoin futures contract certification process. The order stems from the CFTC’s July 2, 2022, complaint against Gemini Trust. The case highlights the importance of truthfulness in regulatory disclosures.
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January 13, 2025

Regulatory Crackdown on Polymarket: Illegal Gambling or What?

Polymarket, the crypto-based prediction market platform, is facing increasing regulatory scrutiny across multiple jurisdictions. The Gambling Regulatory Authority of Singapore has taken a firm stance against Polymarket, officially blocking access to the platform within the country This report analyzes the recent developments and their implications for the platform's future operations.
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Coinbase launches regulated crypto futures in the USC
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January 7, 2025

Coinbase’s Bold Move into Tokenized Shares!

A $30 Trillion Opportunity Coinbase, one of the leading U.S. cryptocurrency exchanges, is making waves in the financial world as it explores the tokenization of its COIN stock on its Ethereum layer-2 network, Base. This development, revealed by Base developer Jesse Pollak on January 3, 2025, signals a potentially transformative step for the crypto industry.
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Tether ban in the EUI
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December 29, 2024

Investment Briefing: Tether Faces Ban in the EU Despite European Partner StablR!

FinTelegram anticipates that Tether, the world’s leading stablecoin issuer, may be banned in the EU starting in 2025 due to non-compliance with the EU’s new MiCA (Markets in Crypto-Assets Regulation) framework. Tether has not applied for or received MiCA authorization, raising questions about its future in Europe. Moreover, its investment in the European stablecoin issuer StablR represents a red flag.
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The danger of money laundering with stablecoinsT
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December 22, 2024

Tether’s Unbelievable Bet: Investment in StablR Raises Red Flags Over Links to Cybercrime and Financial Scandals

Tether, the world’s leading stablecoin issuer, has shocked the crypto and financial world by investing in StablR, an EU stablecoin issuer run by former Payvision COO Gijs op de Weegh. This move raises serious questions about Tether’s due diligence processes and ethical commitments, as StablR’s leadership is tied to one of Europe’s most notorious financial scandals involving cybercrime facilitation. Crypto investors and stablecoin users should proceed with caution.
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CFTC announced record-setting numbers thanks to cash cow cryptoC
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December 6, 2024

Cash Cow Crypto: U.S. CFTC Enforcement Sets Records in FY 2024 with $17.1 Billion in Monetary Relief!

The U.S. Commodity Futures Trading Commission (CFTC) achieved a landmark year in FY 2024, securing over $17.1 billion in monetary relief, including $2.6 billion in civil penalties and $14.5 billion in restitution. The agency’s groundbreaking actions spanned digital asset (crypto) markets, voluntary carbon credits, and major compliance cases, highlighting its leadership in safeguarding market integrity.
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Bitcoin takes the $100k milestoneB
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December 5, 2024

Bitcoin Hits $100,000: A Historic Milestone Amid Regulatory Optimism and Dawning CyberFinance!

Bitcoin reaches an all-time high of $100,000, fueled by optimism surrounding the appointment of Paul Atkins as the new SEC Chair under Donald Trump. Analysts weigh in on the milestone and predict further bullish trends in the crypto sector. The crypto market is currently being driven by the broad support of the US tech elite, which has gained new power with Trump.
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Debanking and the Choke Point architectsE
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December 1, 2024

Evolving Discussion Around the US Debanking Attack on Crypto Exposes the Hidden Agenda of the Biden Administration!

The "Debanking" scandal in the crypto sector has evolved into one of the most controversial topics on X. Numerous prominent voices from the industry, including Coinbase CEO Brian Armstrong and Gemini co-founder Tyler Winklevoss, have accused the Biden administration of orchestrating a targeted campaign against crypto companies.
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The exposed debanking strategy against the US crypto sectorO
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November 29, 2024

Operation Choke Point 2.0: The Alleged Political Orchestration Behind the Debanking of 30 US Crypto Founders!

Recent revelations have sparked controversy regarding the alleged "debanking" of numerous tech founders in the United States, particularly those involved in the cryptocurrency industry. This issue came to light following comments made by Marc Andreessen, co-founder of Andreessen Horowitz (a16z), during an appearance on the Joe Rogan podcast. Coinbase CEO Brian Armstrong confirmed these debanking allegations on X.
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Tornado Cash wins appeal in the USF
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November 27, 2024

Fifth Circuit Deals Blow to OFAC Overreach: Tornado Cash Smart Contracts Not “Property”!

In a remarkable ruling, the U.S. Fifth Circuit Court of Appeals determined that Treasury’s Office of Foreign Assets Control (OFAC) overstepped its authority by sanctioning Tornado Cash’s immutable smart contracts. The decision reverses a lower court ruling, offering a significant win for privacy advocates and blockchain developers.
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Re-birth of US crypto scene in the post-T
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November 25, 2024

The U.S. Reclaims Its Crypto Crown: Trump’s Election and Gensler’s Exit Signal a New Era!

The U.S. is poised to reassert its dominance in the global crypto arena following the election of crypto-friendly President Donald Trump and the impending departure of SEC Chair Gary Gensler. This seismic shift in leadership is expected to transform the U.S. into a powerhouse for digital assets, attracting innovation and investment that had been stifled under previous regulatory regimes.
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