Global
Global: European Banks Pay for Anti-Money Laundering Failures
A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped ...
Global
Global: European Central Bank to Unload $5.3trn Bond
The European Central Bank said on Thursday (December 16, 2022) it would start reducing its 5 trillion euros or $5.3 trillion worth of ...
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Kenya: Meta Sued for US$1.6n for Fuelling Ethiopia’s Ethnic Violence
Meta must reform its business practices to ensure Facebook’s algorithms do not amplify hatred and fuel ethnic conflict, Amnesty International said in the ...
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Global: Senate FTX hearing: calls for regulation and crypto criticisms aplenty
“Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped,” said Senator Pat T United States lawmakers with the Senate Banking Committee had ...
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Global: Google Requests Dismissal of Justice Dept. Antitrust Suit
Google has asked a federal court to throw out an antitrust lawsuit. The request addressed the U.S. Justice Department’s suit filed in 2020 ...
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Global: Binance withdrawals hit $1.9 bln in 24 hours, data firm says
Binance has registered $1.9 billion of withdrawals in the past 24 hours, blockchain data firm Nansen said on Tuesday (December 13, 2022) , ...
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Global: U.S. lawmakers unveil bipartisan bid to ban China’s TikTok
Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok, ratcheting up pressure on owner ByteDance ...
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Global: Apple to allow third-party app stores in windfall for NFTs and crypto
In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need ...
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Global: SEC, CFTC and SDNY attorney’s office charge FTX’s Sam Bankman-Fried with defrauding investors
The U.S. Securities and Exchange Commission (SEC) has officially charged disgraced FTX founder Sam Bankman-Fried (aka SBF) with defrauding investors, it revealed on ...
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Global: Crypto Payments App MoonPay Gains UK Regulator Registration
Cryptocurrency payments app MoonPay secured registration with the U.K.’s Financial Conduct Authority (FCA), signifying compliance with local money laundering rules. The company, which ...