Coinbase's UK arm, CB Payments Limited, was fined $4.5 million by the FCA for breaching a voluntary agreement to prevent onboarding high-risk customers.
The Bank of Russia recommends businesses use cryptocurrencies and digital assets to navigate Western sanctions and facilitate international payments, marking a significant policy shift.
Silvergate agrees to a $63 million settlement with U.S. and California regulators over internal management failings and misleading investor disclosures.
The €2.85 million fine imposed on Crypto.com by the Dutch Central Bank for operating without registration highlights the importance of regulatory compliance in the crypto industry.