UK FCA wants to include crypto firms in financial crime reporting rules

The U.K.’s financial watchdog wants crypto firms to submit annual financial crime reports to help it cement a data-led approach to regulation. Cryptocurrency firms in the United Kingdom could soon be faced with more extensive Anti-Money Laundering (AML) reporting requirements. In a consultation paper published this month, the Financial Conduct Authority proposed broadening annual financial […]

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Crypto exchange Coincheck partners with Hashpalette for IEO in Japan

Japanese exchange Coincheck will be offering an initial exchange offering in coordination with Hashpalette to sell its Palette Tokens. Major Japanese crypto exchange Coincheck has launched an initial exchange offering platform for raising funds through utility tokens. According to an Aug. 25 announcement from Coincheck, the crypto exchange will be partnering with Japanese company Hashpalette […]

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Binance.US Opens Doors to Florida Crypto Traders

Eligible residents of Florida can now register to use the Binance.US digital asset marketplace. Binance.US, the United States branch of major crypto exchange Binance, just announced it would be making its services available to Florida residents. According to an Aug. 24 update on the Binance.US website, the digital asset marketplace will now be allowing Floridians […]

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The Iranian government took down over a thousand crypto mining farms

Iran is rewarding people who turn in crypto miners operating without a license. Whistleblowers helped Tavanir, Iran’s power company, shut down 1100 crypto mining farms that were allegedly operating without the proper licenses.  Although Tavanir says that some of the miners were using “high levels” of subsidized electricity, their report clarified that no significant changes […]

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