Tag: compliance
BlackRock & Securitize Launch Revolutionary Digital Assets Fund, Boosting Tokenization and Regulated Markets
In fact, on March 27, 2024, Ondo Finance completed a $95 million reallocation of its own tokenized short-term bond fund to BUIDL. As fiduciaries onboa [...]
Binance Says Compliance Chief Detained in Nigeria Should Not Be Held Responsible in Ongoing Talks
"Binance respectfully requests that Tigran Gambaryan, who has no decision-making power in the company, is not held responsible while current discussio [...]
OKX’s Global Compliance Chief Patrick Donegan Left After Six Months
Donegan managed a team of 300 people around the world, joined OKX in August 2023 and left in January 2024, his profile states. He described himself as [...]
Keyring Gets $6M in VC Funding to Expand On-Chain Compliance for Institutions
"Trillions of dollars are unable to access the transparency, determinism, automation and settlement advantages of blockchain technologies for financia [...]
Binance’s Compliance Head and Africa Manager Detained in Nigeria for Two Weeks: Reports
The Nigerian government had invited the executives to discuss the current dispute with Binance. The duo had landed in Abuja on February 25, Wired repo [...]
Jupiter’s Compliance Team Nixed a $2.58M Investment in 21Shares’ Ripple ETP: FT
Jupiter’s Gold & Silver fund had invested $2.58 million in 21Shares’ Ripple XRP ETP during the first half of 2023. However, the investment was fla [...]
Navigating the New Era of Crypto Compliance and Maturation in 2024
2023 was a year of both challenge and stabilization in crypto. Traditional financial services (“tradfi”) entities scaled back their engagement with cr [...]
India Issues Compliance ‘Show Cause’ Notices to 9 Offshore Exchanges Including Binance and KuCoin
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges. The government has also taken the first s [...]
Steering the Crypto Exchange in a New Era of Compliance
In March this year, U.S regulators sought to ban Binance, alleging it had been operating in the country illegally. By November, the exchange pleaded g [...]
Binance’s explosive growth led to compliance failures
“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains.Despite that, the incu [...]
The IRS and the Rising Cost of Crypto Tax Compliance
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” a [...]
The IRS Is Making Crypto Compliance Impossible
The 6045 digital asset broker regulations are likely to greatly increase the cost of filing your crypto taxes, says Kirk David Phillips, CPA.
www.coi [...]
FCA releases guidance for compliance with new UK crypto asset promotion rules
Rules for crypto asset promotion that came into force in the United Kingdom on Oct. 8 have led to some confusion, judging from the low level of compli [...]
UK’s FinProm a welcome change, but challenge persists — Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their product [...]
UK’s FinProm a welcome change, but challenge persists: Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their product [...]