Bitcoin derivatives exchange BitMEX has been fined an additional $100 million for violations of the Bank Secrecy Act. US District Judge John G ... financial technology, and public policy. In addition ...

Zorka Milin, policy director at the FACT ... to protecting the financial system and bank customers from bad actors, but that the implementation of the law has been inconsistent. "We have called for ...

Maintain a documented FCC policy tailored to the unique products ... Staffing and Resourcing Appoint a qualified Bank Secrecy Act (BSA) officer with sufficient authority and oversight of the ...

Offering a look at his policy priorities, Hill advocated for a shift in bank ... Hill also advocated for a reevaluation of the regulatory approach to Bank Secrecy Act implementation. “While we all ...

US District Judge John Koeltl on Wednesday imposed the fine after BitMEX pleaded guilty in July to breaking the Bank Secrecy Act, which requires safeguards that include verifying customer ...

On Jan. 15, 2025, BitMEX, a prominent cryptocurrency exchange, was ordered to pay an additional $100 million fine for violating the U.S. Bank Secrecy Act (BSA) between 2015 and 2020. The penalty ...

Finance Minister Serhii Marchenko stands for disclosing bank secrecy for the Tax Service. He announced this on the air of the UT-2 podcast, the Ukrainian News agency reports. "As the Minister of ...

roughly six months after the crypto exchange pleaded guilty to violating the US Bank Secrecy Act (BSA) by operating without “any meaningful” Anti-Money Laundering (AML) program. The crypto fir ...

N EW YORK (Reuters) - The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to adequately police money laundering, the U.S ...

NEW YORK, Jan 15 (Reuters) - The cryptocurrency exchange BitMEX has been fined $100 million for deliberately ignoring U.S. anti-money laundering laws in order to boost revenue, the U.S. Department ...