'Litigation Fears' Emerge in Penalty Reviews as Losses Weigh on FSC

HSBC, Barclays Among Banks Set to Lose Cambridge University Cash

South Korea Proposes Expanding Crypto Travel Rule to Smaller Transfers

South Korea's Financial Intelligence Unit (FIU) has proposed expanding the FATF Travel Rule requirements to cover smaller crypto transfers d

CFTC joins Gemini in seeking to vacate $5M penalty, citing enforcement misconduct

The Commodity Futures Trading Commission (CFTC) has joined Gemini in asking a judge to vacate a $5 million penalty against the cryptocurrenc

South Korea fines Coupang record $409 million for massive data breach and privacy violations

South Korea's Personal Information Protection Commission (PIPC) imposed a record fine of 624.7 billion won (approximately $409 million) on C

Singapore introduces caning punishment for scammers amid rising financial fraud losses

Singapore has passed legislation to impose caning as punishment for scammers in response to escalating financial fraud. The country has seen

CFTC Intervenes in Rhode Island Lawsuit to Block State Gambling Laws on Prediction Markets

The Commodity Futures Trading Commission (CFTC) has moved to intervene in Rhode Island litigation over prediction markets, seeking to block