Since the UK began hunting money launderers, British police have managed to seize over $408 million (£294 million) worth of illegal cryptocurrencies. This shows that the general situation with money laundering using cryptocurrencies in the United Kingdom is alarming.

The Financial Services Agency (FSA), Japan’s top financial and cryptocurrency regulator, recently published a report pertaining to decentralized finance (DeFi), blockchain and digital assets. The authors of the report concluded that there may be a need for the country to come up and eventually establish regulations for the DeFi space. According to Coin Post, the […]

The post Japan’s FSA says regulations for DeFi space might come soon appeared first on BitcoinerX.

The world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance.

Barclays clients based in the U.K. can no longer use a credit or debit card to make payments to the exchange until further notice.

The post Barclays customers in the U.K. can no longer transfer funds to Binance appeared first on The Block.

Changpeng Zhao, Binance CEO tweeted today, how the crypto exchange giant believes in solving problems over engaging in debates or fights. However, none of Binance problems are close to a solution, instead, the arena of trouble has been expanding for Binance. The number of nations that have issued some form of regulatory warning for Binance

The post Is Binance in Trouble? Regulatory actions reported against Binance globally appeared first on Coingape.

The CIMA says it’s investigating Binance regarding the exchange’s the British Overseas Territory. The…

The post Cayman Islands regulator says Binance not licensed in the territory appeared first on Coin Journal.

The Cayman Islands Monetary Authority says that Binance is not authorized to do business in the jurisdiction.

Binance responded that it runs Binance.com in a decentralized manner and denies it operates the crypto exchange out of the Cayman Islands.

The post Cayman Islands regulator is investigating Binance’s activities in the territory appeared first on The Block.

Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught in the crosshairs.

Why did the FCA issue a warning against Binance Markets Limited?

Coinbase Germany GmbH is set to be launched "in the coming weeks" after the green light granted by the regulator.