The Dutch central bank has fined the European branch of crypto exchange Coinbase €3.3 million ($3.6 million) for failing to meet registration requirements before offering its services in the Netherlan...
Tag: noncompliance
Coinbase Has Not Registered with DNB: Fine for Non-Compliance
Coinbase has been penalized with a fine of $3.6 million by the DNB. The charge is based on Coinbase’s non-compliance with the laws of the Netherlands. The company has been offering services to the Net...
Coinbase Fined €3.3 million for Non-Compliance in Netherlands
Crypto exchange Coinbase has been stung with a $3.6 million penalty for trading in the Netherlands while unregistered. The exchange, one of the world’s most popular, has been hit by a number of blows ...
Coinbase Slapped With a $3,620,000 Fine by Dutch Central Bank Over Non-Compliance
The Central Bank of the Netherlands (DNB) is hitting prominent crypto exchange platform Coinbase with a multimillion-dollar fine for failing to comply with its guidelines. In a new press release, the ...
Three Aussie crypto funds halted as regulator cites non-compliance
Australia’s chief financial market regulator has placed interim stop orders on three cryptocurrency-related funds set to be offered to retail investors, due to non-compliant target market determinatio...
Digitex Founder Being Sued by CFTC for Non-compliance
A few hours after the lawsuit was filed, DGTX dropped 12% to a value of zero. In October of 2018, DGTX hit a record high price of $0.16. Digitex’s founder, Adam Todd, has been sued by the CFTC for all...
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal fre...
Uzbekistan halts access to foreign crypto exchanges for non-compliance
Uzbekistan is cracking down on exchanges failing to comply with the local regulatory framework. On Wednesday, the Uzbekistan government announced that it would restrict access to some of the leading f...
Robinhood Fined $30 Million by NYDFS Over Non-compliance
20 mins ago | 2 mins read Exchange News Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money launde...
Philippine’s SEC to Probe Binance Over Non-compliance Complaint
4 hours ago | 2 mins read Exchange News Infrawatch PH filed a 12-page complaint with the Philippines’ SEC. Binance does not have an office in Manila. For the second time, Infrawatch PH has requested t...
Binance Fined 3.3M Euros by Dutch Central Bank For Non-compliance
2 hours ago | 2 mins read Exchange News The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the...
Crypto Investors At Risk Due To Non-Compliance, Says SEC Chair
The U.S SEC’s Chairman Gary Gensler, who is in charge of making regulations to safeguard investors’ interests, shared his views on the recent crypto market downturn. Meanwhile, under his administratio...
CySEC Takes Action against Ayers Alliance, BCS (Cyprus) for Non-Compliance
The Cypriot financial market supervisor, CySEC, continues its crackdown on non-compliance and announced on Tuesday enforcement action against two more regulated companies, Ayers Alliance Financial Gro...