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Nalezeno "Issued": 635

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 


The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...

Texas Regulator Orders Arkbit Crypto Mining To Shut Down


A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud. The post...

UAE Agriculture Authority Bans Cryptocurrency Mining on Farms


The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews

Report Reveals Chinese Workers Converting Earned CBDC To Cash


Workers in China are not very enthusiastic about the digital money issued by the nation's central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money. The post Report Reveals Chinese...

FBI Warns Americans Against Using Unregistered Crypto Money Transmitters


The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of cryptocurrency money-transmitting services that are not registered as Money Services Businesses (MSBs). The post FBI Warns Americans Against Using Unregistered Crypto Money Transmitters appeared...

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