
US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
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The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
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The crypto debit card provider said customer funds remained safe despite the exposure of sensitive financial and personal information.
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TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.
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While the proposal doesn’t exclude altcoins and smaller cryptocurrencies, experts say they could face challenges getting into retirement plans.
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The rules allow retail investors to trade BTC, ETH and USDT through regulated intermediaries, with Moscow Exchange planning to launch crypto trading in December.
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Bitcoin treasury company Strive reported $509 million in third-quarter net income and purchased 15,124 BTC in October, bringing its total holdings to 43,124 BTC.
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BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interest-rate hike.
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The CLARITY Act faces a new test as Democrats control Congress, raising questions over consumer protections, ethics and what the crypto industry may have to concede.
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Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
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Ethereum developers are investigating concerns tied to eight smart contract invariants tied to Glamsterdam’s EIP-8037 and EIP-8038.
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