Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025

Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

May 23, 2025

qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

May 23, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

    May 23, 2025

    Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

    May 23, 2025

    qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

    May 23, 2025

    HYPE Token Price Surges as Hyperliquid Engages With CFTC on 24/7 Crypto Trading

    May 23, 2025

    Bitcoin buyer dominance at $111K suggests ‘another wave’ of gains

    May 23, 2025

    ‘Things Are About To Get Silly’: Analyst Says Bitcoin on Cusp of Most Aggressive Expansion Since Inception

    May 23, 2025

    Bitcoin open interest hits record high as BTC slips below $111K

    May 23, 2025

    Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

    May 23, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    XRP price fails to respond to two extremely bullish developments — Here is why

    May 22, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025

    XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

    May 22, 2025

    Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

    May 23, 2025

    Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

    May 23, 2025

    qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

    May 23, 2025

    c7RSHY (Get $8,000 Welcome Bonus)

    May 23, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Bitcoin Hits All Time Highs AGAIN… Here’s What’s Next

    May 22, 2025

    Discover Crypto, Bitcoin & Altcoin News

    May 22, 2025

    SUI WAS HACKED FOR $200 MILLION!!

    May 22, 2025

    Bitcoin PUMPING! We Predicted It PERFECTLY!

    May 22, 2025

    BITCOIN to $200K?! (BEST Altcoins to Buy NOW!)

    May 22, 2025
ApeWatcher News
Home » Crypto Exchange OKX Fined $1.2M by Malta for Breaching Money Laundering Rules
Crypto Exchange OKX Fined .2M by Malta for Breaching Money Laundering Rules
News

Crypto Exchange OKX Fined $1.2M by Malta for Breaching Money Laundering Rules

CoindeskBy CoindeskApril 4, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

OKX’s Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta’s financial watchdog on Thursday for breaching the country’s money laundering rules.

The Financial Intelligence Analysis Unit (FIAU) said the company failed to assess the money laundering and financing of terrorism risks emanating from the products it offers and had violated parts of the country’s Prevention of Money Laundering and Financing of Terrorism Regulations.

“Regulatory compliance is a top priority for OKX, and we remain committed to meeting and exceeding global regulatory standards,” OKX said in a statement.

The company also said it had addressed gaps identified in its compliance framework following the authority’s 2023 review. In the new notice, FIAU also commended the company on making significant improvements over the past 18 months.

OKX secured the coveted Markets in Crypto Assets license (MiCA) from Malta earlier this year, which will enable it to offer crypto services across the European Union.

“The company was expected to assess the nature of risks prevalent in the services it was offering,” the authority said in its notice.

FIAU said the exchange should assess risks tied to the use of stablecoins, mixers that obscure the origins of transactions, privacy coins, tokens designed for anonymity, and tokens on decentralized exchanges.

OKX recently temporarily suspended its decentralized exchange aggregator following reports that European regulators had been looking at how it had been used to launder funds from a recent hack of the Bybit exchange.

Bloomberg first reported the story.



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025

Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

May 23, 2025

qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

May 23, 2025

HYPE Token Price Surges as Hyperliquid Engages With CFTC on 24/7 Crypto Trading

May 23, 2025

R3 and Solana Foundation Unite to Bridge TradFi and DeFi via Strategic Collaboration

May 23, 2025

Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate

May 23, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

May 23, 2025

Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

May 23, 2025

qBTC to Release Open-Source Quantum-Safe PoW Bitcoin Side Chain, Adds Jameson Lopp as Advisor

May 23, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.