EU Approves 10 Stablecoin Issuers, Tether Left Out The European Union’s recent approval of ten stablecoin issuers has sent shockwaves through the cryptocurrency community, with one notable absentee causing a stir. Tether, one of the most widely used stablecoins in the world, has been left out of the list of approved issuers, a move that […]
EU completes probe into X, decision on major fine imminent
EU Wraps Up Investigation into X, Anticipates Imposing Major Fine European authorities have recently concluded their thorough investigation into X, a move that is expected to culminate in the imposition of a substantial fine. The scrutiny by the European Union underscores the organization’s commitment to upholding regulations and ensuring fair competition within the market. The […]
Block Inc fined $80 million for compliance failures
Block Inc Fined $80 Million for Compliance Failures State regulators have recently made a bold move by imposing an $80 million fine on Block Inc for past compliance weaknesses. This significant penalty serves as a stark reminder to companies operating in the financial sector about the importance of robust compliance measures and the potential consequences […]
Russia slaps Google with $78 million fine
Russia Slaps Google with $78 Million Fine Google, a tech giant known for its ubiquitous presence in the digital world, has recently found itself in hot water with Russian authorities. The company has been handed a hefty $78 million fine for its failure to comply with previous penalties imposed by the Russian government. This latest […]
Bitfinex Hacker’s Wife Sentenced for Laundering Operations
Heather Morgan, known in the NFT community as “Razzlekhan,” has received an 18-month prison sentence for her participation in laundering Bitcoin stolen from the 2016 Bitfinex hack. This case represents a significant development in the ongoing scrutiny of cryptocurrency-related crimes and the harsh penalties that can follow. Morgan’s husband, Ilya Lichtenstein, orchestrated the theft of […]