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SEC to target crypto firms operating as ‘qualified custodians’ — Report

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2 years ago

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If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.

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South Korea probes Upbit for 600K KYC violations

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6 minutes ago

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November 15, 2024

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Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

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FSB calls for stricter oversight against AI vulnerabilities

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1 hour ago

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November 15, 2024

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FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities.

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Don’t be delusional: Decentralization doesn’t compensate for regulation

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1 hour ago

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November 15, 2024

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DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature.

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