Judge orders BitMEX to pay $100M fine over US banking law violations

Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform. 105 Total views 1 Total shares In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know…

Bitcoin’s recent 28% drop has been a somewhat harrowing experience for some first time buyers. 3127 Total views 15 Total shares Known for its volatility, Bitcoin (BTC) recently fell more than $11,000 over a four-day period after weeks of soaring price action. Amid a fresh bull cycle, Bitcoin has likely picked up its fair share…

By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States. 412 Total views 5 Total shares Digital asset lending platform Nexo has purchased a stake in a holding company that owns a federally chartered bank in the United States —…

Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. 1470 Total views 6 Total shares Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like Bitcoin (BTC) if used for illicit purposes.According to official data on the

Trading sideways for a while could be healthy for Bitcoin. 1708 Total views 7 Total shares After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard, a trader…

Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.The United-States-based esports organization made the announcement in a Nov. 16 tweet to its 2.2 million followers, adding that the decision was made after…

Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to…