Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
The New York State Department of Financial Services (NYDFS) imposed a USD 30m fine on the crypto trading unit of online brokerage Robinhood, Robinhood Crypto LLC, for alleged violations of anti-money-laundering and cybersecurity regulations, in the department’s first crypto enforcement action, The Wall Street Journal reported. As part of the consent order, Robinhood will also be required to retain an independent consultant to evaluate its compliance with NYDFS’s regulations and its remediation efforts.
Exchanges news
ZB announced that deposit and withdrawal services are suspended, and that “due to the sudden failure of some core applications, it still takes time to troubleshoot the problem.”
Coinbase Prime announced that they are launching Ethereum (ETH) staking to US domestic institutional clients....
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...