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Tag: Regulatory Compliance

Phoenix Wallet and Wasabi Ban US Access Amid Regulatory Concerns

Phoenix Wallet and Wasabi Wallet withdraw from US markets due to regulatory concerns.

Philippine SEC Moves to Block Binance Amid Regulatory Concerns

The Philippine Securities and Exchange Commission (PSEC) takes action against Binance, citing regulatory non-compliance. Learn about the formal request made to block Binance's online presence and the exchange's ongoing compliance efforts amid regulatory challenges.

SEC Charges Two Firms for Misleading AI Claims, Imposes $400K Penalty

The U.S. Securities and Exchange Commission (SEC) charges Delphia and Global Predictions for misleading AI claims, imposing a $400K penalty. Learn about the regulatory scrutiny and settlement in this article.

Komainu Secures UK Regulatory Approval for Crypto Asset Custody

Komainu, the crypto asset custody company, has received approval from the UK's Financial Conduct Authority (FCA). This significant milestone allows Komainu to provide crypto asset custody services in the UK, amidst a backdrop of increased regulatory scrutiny in the crypto industry. In a notable development,...

JPMorgan Analysts Outline Potential Implications of PayPal’s Stablecoin Launch on Ethereum

JPMorgan analysts have shed light on how the recent launch of PayPal’s stablecoin could potentially benefit Ethereum and other decentralized finance (DeFi) platforms. 1. Increased Total Value Locked According to JPMorgan analyst Nikolaos Panigirtzoglou, the launch of PayPal’s stablecoin could boost Ethereum's network utility and overall...