Search results for «Enforcement»
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FinCEN MEXC Order Bars MEXC Global From U.S. Financial System
FinCEN issued a Section 9714 order on November 6, 2026, that prohibits U.S. financial institutions from transmitting funds to or from MEXC Global over alleged involvement in $16 billion of illicit activity.
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FinCEN MEXC Global Order Bars Exchange From US Financial System Over $16 Billion in Illicit Flows
On November 6, 2026, FinCEN issued a final order designating MEXC Global a primary money laundering concern and prohibiting US institutions from transacting with the exchange.
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Greece Crypto Tax Approved as Parliament Sets 10% Capital Gains Rate and 15% DeFi Levy From 2027
Greece’s parliament passed the country’s first dedicated crypto tax rules on November 5, introducing a 10% capital gains tax and a 15% levy on DeFi income from 2027.
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South Korea FSC VASP Licensing Framework Strengthens Registration Rules
South Korea’s Financial Services Commission has finalized amendments to VASP registration requirements under the Special Financial Information Act.
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Binance hack drains $6.3 billion from hot wallets in largest crypto theft
Binance confirmed a $6.3 billion theft on October 29 from hot wallets on multiple blockchains, with $3 billion later frozen by issuers.
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Google Multi-Party Compute Enters Private Preview for Institutional Key Security
Google Multi-Party Compute entered private preview on October 28, 2026, offering threshold signing for Bitcoin, Ethereum and other chains without exposing full private keys.
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FCA Crypto Guidance Proposes Enhanced Due Diligence for Unhosted Wallets
The FCA published consultation paper CP26/38 on 23 October 2026 with draft updates to its Financial Crime Guide that address due diligence on transfers involving unhosted crypto wallets.
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Canada Stablecoin Regulations Draft Requires Bank of Canada Registration and 1:1 Reserves
The Department of Finance published draft rules on October 24, 2026, that impose registration, daily reserve and redemption requirements on non-bank stablecoin issuers serving Canadian users.
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OCC GENIUS Act Stablecoin Rule Sets Standards for Payment Stablecoin Issuers
The OCC published its first final rule under the GENIUS Act on October 23, 2026, establishing federal standards for payment stablecoin issuers under OCC jurisdiction.
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South Korea Stablecoin Rules Advance as Forex Law Amendment Takes Shape
South Korea's government and Bank of Korea are preparing a Foreign Exchange Transactions Act amendment to classify stablecoins as means of payment.
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OCC GENIUS Act final rule Sets Standards for Payment Stablecoin Issuers
The OCC issued its final rule under the GENIUS Act on October 21, 2026, establishing reserve, redemption and capital standards for payment stablecoin issuers under its supervision.
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Kazakhstan Crypto Ban Targets Coinbase and Five Other Unlicensed Platforms
An AIFC court ruling bars Coinbase, BingX and four other platforms from offering unlicensed digital asset services in Kazakhstan's financial centre.