Crypto regulations are a competitive business in Asia, with places such as Hong Kong and Singapore vying to become Asia’s crypto hub …
Pay
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Adoption
Alchemy Pay Secures Electronic Financial Business Registration in South Korea
by shayaanby shayaanAlchemy Pay has made a big splash in South Korea’s cryptocurrency scene by registering as an electronic financial business. It has done …
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Adoption
Binance Pay Collaborates With xMoney To Advance Crypto Access in Europe
by shayaanby shayaanBinance Pay, a virtual currency payment platform powered by Binance, today announced a strategic partnership with xMoney, a Web3 transaction hub …
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Regulation
KuCoin Agrees To Pay $297,000,000 to US Government for Operating Unlicensed Money Transmitting Business
by shayaanby shayaanThe crypto exchange KuCoin will pay a $297 million penalty to the US government stemming from compliance violations. Peken Global Limited, the …
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Scams
ChatGPT Gets a Personal Assistant Upgrade—If You’re Willing to Pay $200 a Month
by shayaanby shayaanOn Thursday, OpenAI unveiled a new feature, dubbed Operator, that lets ChatGPT take control of a virtual browser to perform real-world tasks …
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The SEC announced today that Vanguard will pay over $106 million to settle charges against it. The charges allege that Vanguard issued …
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Regulation
Apple To Pay $95,000,000 To Settle Class Action Lawsuit Accusing Tech Giant of Spying on Users, Sharing Data Without Consent
by shayaanby shayaanApple is preparing to pay $95 million to settle a five-year-old lawsuit that alleges the iPhone maker infringed on the privacy of …
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Regulation
CFPB Orders Block to Pay $255 Million for “Compliance and Fraud Failures”
by shayaanby shayaanBlock, the parent company of Cash App, has agreed to pay an $80 million fine as part of a settlement with 48 …
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Markets
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
by shayaanby shayaanDigital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined …
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Regulation
For Two Years They Scammed Crypto Investors. Now Must Pay $1.1 Million
by shayaanby shayaanA Florida federal court has ordered Mosaic Exchange Ltd. and its CEO Sean Michael to pay over $1.1 million in penalties and …