Others News

On Wednesday, the Federal Reserve issued an order suspending United Texas Bank in Dallas, citing significant deficiencies in the bank’s compliance with anti-money laundering (AML) regulations related to its cryptocurrency customers.

The legal team defending Ripple Labs against the U.S. Securities and Exchange Commission (SEC) has requested a stay of the monetary portion of the judgment requiring Ripple to pay $125 million.

Nvidia has denied rumors of receiving a subpoena from the US Department of Justice (DOJ) regarding antitrust issues.

The Bill & Melinda Gates Foundation (BMGF) has been a major player in global philanthropy, distributing over $77 billion in grants since its establishment.

The U.S. Commodity Futures Trading Commission (CFTC) has managed to recover $18 million in cryptocurrency connected to a fraudulent commodity pool scheme.

South Korea’s Financial Supervisory Service (FSS) is set to crack down on virtual asset exchanges, focusing on uncovering illegal or suspicious activities.

Former Mt. Gox CEO Mark Karpeles plans to launch a new cryptocurrency exchange EllipX later this month, focusing on transparency and user-friendliness.