Tag Archives: unlicensed

Get Rid Of Unlicensed Crypto Apps

Get Rid Of Unlicensed Crypto Apps

The Financial Services Agency (FSA) of Japan has adopted a strong position against unregistered digital currency exchanges operating from within the nation. The regulatory authority has asked Google and Apple to take down five main crypto exchange apps—Bybit, KuCoin, Bitget, LBank, and MEXC—from their respective app stores in Japan, local news outlet Nikkei reported. This action is part of the …

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Tougher laws on unlicensed drivers to be considered after Sky News report | Politics News

Tougher laws on unlicensed drivers to be considered after Sky News report | Politics News

The government will look to introduce tougher laws on unlicensed drivers as part of its forthcoming road safety strategy, Sky News understands. It comes after Sky News reported on the story of Harry Parker, who was just 14-years-old when he was hit and killed by a car on his way to his Swindon school in November 2022. The driver of …

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KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces $300M Penalty

KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces 0M Penalty

Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael Gan and Eric Tang will …

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Singapore blocks access to Polymarket over unlicensed gambling concerns

Singapore blocks access to Polymarket over unlicensed gambling concerns

Singapore has blocked access to Polymarket, a cryptocurrency-based prediction market, as part of a crackdown on unlicensed gambling platforms.  On Jan. 12, multiple users reported being unable to access Polymarket in Singapore. Alex Zuo, Investment and Custody vice president at Cobo Global, posted on X: “Polymarket is officially defined as a gambling website in Singapore. If you want to place …

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