Day: 4 April 2025

Malta Regulator Issues $1.2M Fine to OKX Crypto Exchange, Addressing Past Anti-Money Laundering Compliance Failures

Malta's Financial Intelligence Analysis Unit (FIAU) has fined OKX €1.1 million ($1.2 million) for anti-money laundering (AML) compliance failures, marking one of the most significant penalties in the cryptocurrency sector. The fine stems from an April 2023 investigation that revealed deficiencies in OKX’s risk assessment processes and its ability to ...

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Former Binance CEO Changpeng Zhao to Advise Kyrgyz Republic on Blockchain and Crypto Regulations

Former Binance CEO Changpeng “CZ” Zhao has signed a memorandum of understanding (MoU) with Kyrgyzstan’s National Investment Agency (NIA) to provide advisory services on blockchain technology and cryptocurrency regulations. This move marks a significant step for Central Asian countries as they look to strengthen their digital asset infrastructure. CZ confirmed ...

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