by Theresa Joy Lacatan | Sep 7, 2024 | Blog News, Crypto News
On 4 September 2024, the Board of Governors of the Federal Reserve System announced enforcement action against the United Texas Bank. The Federal Reserve and the Texas Department of Banking issued a Cease and Desist Order against United Texas Bank, headquartered in...
by Theresa Joy Lacatan | Sep 7, 2024 | Blog News, Crypto News
On 3 September 2024, a case conference was convened in the General Division of the Singapore High Court concerning Zettai Pte. Ltd., the parent entity of WazirX, in relation to its application for a six-month moratorium. The application, prompted by the company’s...
by Theresa Joy Lacatan | Sep 6, 2024 | Blog News, Crypto News
On September 4, 2024, the Commodity Futures Trading Commission (CFTC) issued an Order Instituting Proceedings and imposed remedial sanctions against Universal Navigation Inc., operating as Uniswap Labs. The action was taken due to Uniswap Labs’ violation of the...
by Theresa Joy Lacatan | Sep 6, 2024 | Blog News, Crypto News
On 3 September 2024, the U.S. Securities and Exchange Commission (US SEC) charged six nationally recognized statistical rating organizations for failing to maintain and preserve electronic communications as required under federal securities laws. The firms, including...
by Theresa Joy Lacatan | Sep 6, 2024 | Blog News, Crypto News
On 3 September 2024, the Monetary Authority of Singapore (MAS) issued a five-year prohibition order (PO) against Mr. Chong Yew Mun Alan, a former representative of RHB Securities (Singapore) Pte. Ltd. The order was made following Mr. Chong’s conviction for market...
by Theresa Joy Lacatan | Sep 5, 2024 | Blog News, Crypto News
On 3 September, 2024, the Commodity Futures Trading Commission (CFTC) announced the penalty imposed by Judge Mary Rowland of the United States District Court for the Northern District of Illinois in the case of Commodity Futures Trading Commission v. Jafia LLC, Sam...
Quantum Updates 50 | June 2025
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance