FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity

Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]

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Crypto-Enabled Payment Firm Square Recruits Former Google Product Director Steve Lee

United States-based bitcoin-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee. United States-based bitcoin (BTC)-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on June 12. Square Crypto was announced in March of this year when the organization joined […]

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Reuters, Bloomberg Terminals, TradingView Add AI-Powered Crypto Index for Top 100 Coins

The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to the index. The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens. The terminals’ support of the “CIX100” […]

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Korea: Former Financial Regulator Deputy Governor to Serve as Blockchain Association Chief

The former deputy governor of South Korea’s financial regulator has been nominated to lead the Korea Blockchain Association. The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on Monday, was reported by local English-language daily […]

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