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Coinbase Discontinues Its Cryptocurrency Lending Product Due To SEC’s Pressure
Popular cryptocurrency exchange Coinbase recently made it known that it shall be discontinuing its ‘Lend’ product following mounting pressure from the SEC. Coinbase had been forced to abandon any plans regarding the launch […]
Celsius CEO Refuses Allegations Of Uncomplying With America’s State Laws
Many state regulators in the United States have gone after Celsius Network, a crypto firm that offers lending services, for failing to comply with the local state laws. However, the CEO of the project was quite quick to deny […]
US SEC Gives $11.5M In Reward To Two Whistleblowers In Just One Case
The Securities and Exchange Commission (SEC) of the United States announced on Friday that two whistleblowers would get a total of $11.5 million as an award for divulging critical information on that aids the […]
UK’s Regulatory Authority FCA Announces A New Plan To Combat Investment Scams
The financial regulatory body in the United Kingdom, Financial Conduct Authority, announced today that it has come up with a new strategy to combat investment scams. The regulatory authority also highlighted that there are […]
Former Stockbroker Richard Faithfull Sentenced To Five Years Imprisonment For Money Laundering
The United Kingdom FCA (Financial Council Authority) announced in a statement on Thursday that Richard Faithfull was charged with money laundering and thus sentenced to five years and ten months imprisonment. Based on a […]