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Author: Admin | 2025-04-28
Aux Cayes will pay more than $500 million, including $84 million in penalties and about $421 million in forfeited fees from US customers, for operating an unlicensed money transmitting business. Additionally, OKX has implemented measures to enhance compliance and plans to maintain these improvements. Expand Feb 24, 6:33 PM Bloomberg DekaBank introduces crypto trading services for institutional clients DekaBank is now providing crypto trading, custody, and management services exclusively for institutional clients, not for private customers. The bank has acquired a crypto custody license under the German Banking Act with approvals from the European Central Bank and the Federal Financial Supervisory Authority (Bafin). DekaBank aims to leverage its high security standards and well-established infrastructure to support institutional crypto activities, distinguishing itself from other competitors. It continues to assess approaches for private customer engagement in the crypto market. Expand Feb 24, 5:49 PM Cointelegraph USDC and EURC are the first legal stablecoins recognized under Dubai's crypto framework The Dubai Financial Services Authority (DFSA) has approved Circle's stablecoins, USD Coin (USDC) and EURC, as the first recognized tokens under its crypto regime. This allows entities in the Dubai International Financial Centre (DIFC) to utilize these stablecoins in various digital asset applications such as payments and treasury management. This approval marks a significant step in regulatory clarity and progresses the crypto infrastructure in the United Arab Emirates (UAE), supported by recent legal frameworks and licensing systems for stablecoins. Expand Feb 24, 4:00 PM Certora Certora open-sources its Prover tool to enhance smart contract security Certora has open-sourced the Certora Prover, a leading Formal Verification engine supporting Ethereum, Solana, and Stellar. This move aims to make high-level smart contract security accessible and integrated directly into the development process, promoting efficiency and inclusivity across the DeFi space. The tool, which has secured over $100 billion in total value locked and supports multiple major DeFi projects, now offers an open, community-driven model for securing smart contracts against potential exploits. Expand Feb 24, 3:00 PM The Block YZi Labs invests in crypto-AI startup Vana, Changpeng Zhao joins as advisor YZi Labs (formerly Binance Labs) has invested an
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