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Tag: concerns

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Fed orders United Texas Bank to halt crypto services over AML concerns

The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto...

FTX bankruptcy faces new hurdles as SEC flags repayment concerns

The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy...

South Korea moves to delay crypto tax until 2028 amid market concerns

South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028.The ruling political party proposed the bill...

SEC concerns over USDC may complicate Circle’s IPO plans – Barron’s

The US SEC has raised concerns over the status of Circle’s stablecoin, USDC, as the company seeks to go public in a multi-billion...

European law authorities raise concerns over privacy coins, Layer-2 networks and crypto mixers

The EU Innovation Hub for Internal Security has released its first comprehensive report on encryption, focusing significantly on crypto-related issues.The report, a collaboration...

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