Licensing, enforcement actions and jurisdiction changes.
Regulatory records need to identify the legal entity, jurisdiction and permitted activity. A registration or licence in one market does not establish authorization in every location where an exchange is accessible.
Coinbase joined Joint Disruption Week, helping block over $415,000 in losses for 65+ victims. The London-based operation targeted West African scam rings, resulting in 28 arrests and 117 trafficking rescues.
Lewis Barber sues BitMEX operator HDR Global for £20.4 million, targeting 1,053 losing trades he claims were unauthorized under UK law. The lawsuit invokes the Financial Services and Markets Act, seeking Bitcoin restitution while excluding profitable transactions from the dispute.
Reports indicate the Bangko Sentral ng Pilipinas is investigating Coins.ph for alleged links to restricted offshore gambling operators, threatening its license. No final ruling exists, but prior actions against linked e-wallet DCPay highlight growing regulatory scrutiny on crypto-gambling intersections.
Coins.ph faces BSP scrutiny over alleged ties to offshore gambling operators, impacting its operational license. With 18 million users, the exchange sees zero trading volume amid peso transfer restrictions and executive departures.
Coins.ph faces potential license revocation from the Bangko Sentral ng Pilipinas over alleged ties to offshore gambling firms. The exchange, controlling most peso-stablecoin liquidity, denies wrongdoing while deposit restrictions remain in place amid compliance staff departures.
Coins.ph, the Philippines' largest crypto exchange, faces potential license revocation from the central bank over alleged ties to offshore gambling firms. With 18 million users and controlling most peso-stablecoin liquidity, the firm claims operations continue safely despite recent deposit restrictions and compliance staff departures.