Treasury Cuts Crypto Exchange MEXC Off From US Financial System
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US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’
India’s cybersecurity agency says a threat actor is escalating an AI-assisted hacking campaign targeting crypto exchanges and other financial firms.
Bank of Korea probes financial firms’ exposure to crypto risks
The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations.
Asian crypto exchanges bunker down as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.
UK financial watchdog opens consultations for DeFi guidance, crypto laws
The UK Financial Conduct Authority consultations came just weeks after the agency opened applications for companies under its new crypto regulatory regime.
France proposes liability for crypto exchanges offering DeFi access
French authorities want crypto exchanges to conduct checks on DeFi protocols and face liability for certain customer losses under proposed changes to EU crypto rules.