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BBVA migrates its crypto custody service to Ripple-owned Metaco’s Harmonize

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Harmonize will allow the bank to connect to other blockchains, apart from Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.

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Coin Market

EU regulator sets restrictive measure guidelines for crypto providers

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Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.

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South Korea probes Upbit for 600K KYC violations

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

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