Britain’s crypto traders may soon face more than just market volatility—starting in January, failure to share personal details with trading platforms could …
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Tag:
fines
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United Kingdom ministers have launched efforts to crack down on crypto traders who try to evade payment of taxes on their profits. …
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Markets
Crypto, Cash, and Condos: Singapore Ends $2.2B Laundering Case With Fines
by shayaanby shayaanSingapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering …
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Regulation
Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines
by shayaanby shayaanSingapore has issued a hard deadline for crypto companies operating from its jurisdiction to stop serving overseas clients unless they secure a …
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Regulation
UK crypto firms must report user data or face fines under new HMRC rules
by shayaanby shayaanDigital assets service providers in the UK may need to start reporting user data to His Majesty’s Revenue and Customs (HMRC) by …
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Regulation
Abu Dhabi regulator fines crypto firm and its CEO over $12m over unlicensed activity
by shayaanby shayaanAbu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. …
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Regulation
JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report
by shayaanby shayaanJPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to …
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Regulation
Nigerian Court fines two crypto firms over illegal USDT to naira transaction
by shayaanby shayaanNigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media …