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regulators

Thailand approves relaxed tax rules for digital assets 1

Thai regulators want to know more about Zipmex accounts

Thailand’s Securities and Exchange Commission is looking into Zipmex’s local branch over its earn program due to suspicions that appear to include how the business represented the interest payments it made. According to the letter sent by Thai regulators and addressed to Zipmex’s Thailand unit boss Akalarp Yimwilai on Dec.28, there are questions being asked. […]
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South Korean regulators launch a new investigation into crypto exchange Bithumb

South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into the exchange’s business practices. An individual suspected to be the company’s largest […]
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Access web3 with the Coinbase app

Coinbase will pay $100m over KYC, AML to NY regulators

According to the New York Times, Coinbase will have to pay $50 million to New York regulators for letting users open accounts with minimal background confirmation. The organization will also spend $50 million on improving compliance. Coinbase to pay regulators after KYC queries Regulatory agencies discovered that Coinbase, a publicly traded crypto exchange in the […]
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FTX generic 3

Sam Bankman-Fried’s FTX tenure involved former and current US financial regulators

Sam Bankman-Fried reportedly collaborated with several former and current officials in top US agencies to oversee the fallen ramp’s operations. Seemingly, his ultimate goal was to introduce concise regulations for the crypto industry.  Sam Bankman-Fried deals with current and former regulators According to some sources and leaked emails, former FTX CEO Sam Bankman-Fried directly worked […]
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