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Tag: digital asset services

OFAC Announces Second Enforcement Action Targeting a Digital Asset Company

On February 18, 2021, the US Department of the Treasury’s Office of Foreign Assets control (OFAC) announced a $507,375 settlement with BitPay, Inc. (BitPay). This civil settlement resolved apparent violations of multiple sanctions programs related to digital currency transactions, and is the second OFAC enforcement case brought against a business in the blockchain industry. This... Continue Reading

Nexo Taps Crypto Wallet Firm Ledger to Secure $4 Billion in AUM

The crypto custodian says Ledger’s Vault product will boost security and help it keep ahead of increasingly sophisticated malicious actors.

Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company

Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu.

Kraken Donates $100k to Coin Center

Kraken is excited to announce a $100k donation to Coin Center, one of the leading non-profit advocacy groups focused on the public policy issues facing digital asset technologies. This latest donation is part of Kraken’s ongoing commitment to the excellent work Coin Center does to…

The post Kraken Donates $100k to Coin Center appeared first on Kraken Blog.

Upbit Thailand Launches as Bitkub Facing Troubles

Bitkub handles 97 percent of the total crypto trading in Thailand.

Norwegian Block Exchange (NBX) raises €5.84 million

Norwegian Block Exchange (NBX) has completed a 60 million Norwegian Kroner ( €5.84 million) equity private placement with Pareto Securities. Pareto Securities is a...

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