Bitcoin24h $96,262.81-2.38%

Ethereum24h $3,332.05-5.43%

XRP24h $2.21-6.56%

BNB24h $655.97-5.24%

Solana24h $180.89-9.29%

Dogecoin24h $0.3115-9.65%

Cardano24h $0.8905-8.77%

TRON24h $0.2442-3.32%

Avalanche24h $37.24-10.27%

Chainlink24h $22.00-8.94%

Judge rules crypto protocols can be money transmitters without control

A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.

Crypto firm Payeer fined $10M for serving Russian customers

Lithuania slapped crypto wallet firm Payeer with a $10.1 million fine after it broke Russian sanctions and anti-money laundering laws.

Oligarch Mikhail Klyukin sold £15 million of shares in a crypto firm linked to former UK chancellor Philip Hammond.

Given Kraken’s track record, it’s hardly surprising a US Treasury probe is expected to issue fines for sanctions evasion.

Reuters revealed Binance knew it was serving Iran-based users despite US sanctions prohibiting them from doing so.