UK FCA Finprom Rules Impact Revealed
The UK Financial Conduct Authority’s (FCA) finprom rules have stifled industry growth, forcing firms to prioritize compliance over innovation, impacting businesses significantly. #Update #Legal #FCA (-7) ↘
The UK Financial Conduct Authority’s (FCA) finprom rules have stifled industry growth, forcing firms to prioritize compliance over innovation, impacting businesses significantly. #Update #Legal #FCA (-7) ↘
President Trump signed an executive order to establish a Strategic Bitcoin Reserve, holding 198,109 $BTC worth $17B as a digital Fort Knox. #Breaking #Crypto $BTC (+9) ↗
President Trump’s pardon of Ross Ulbricht sparks calls to address broader justice system inequities, urging further pardons for cryptocurrency innovators. #Update #Legal (+3) ↗
@CboeBZX Exchange Inc. amended rules to allow in-kind redemptions for the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF, aligning with SEC-approved processes from earlier this year. #Update #ETF $BTC (+3) ↗
@BitMEX has been fined an additional $100 million for Bank Secrecy Act violations, following a previous $110 million penalty. This comes after the exchange’s guilty plea for anti-money laundering failures from 2015-2020. #Breaking #Legal (-9) ↘
The US Supreme Court has declined @Binance’s appeal in a lawsuit alleging illegal crypto asset sales, allowing investors to proceed with claims over unreported token risks. The decision underscores the exchange’s ongoing legal challenges in the US. #Breaking #Legal $BNB (-9) ↘
@coinbase subpoenaed by U.S. Commodity Futures Trading Commission in @Polymarket investigation, seeking “general customer information.” Coinbase alerted users via email, emphasizing no action required from users and potential objections to data requests. • #Breaking • #Legal • @coinbase • (+8) • ↗