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Musk goes full Musk after X gets hit with a €120 million EU fine

8 months ago by Crypto InsightsComputer Tips

The EU penalized X on Friday following a two-year investigation into whether it had violated the DSA, which was introduced in 2022. It marks the first time a company has been fined for violating this law.Read Entire Article Source: www.techspot.com

Canada’s Anti-Money Laundering Watchdog, Fintrac, Levies Record $126M Fine on Cryptomus

10 months ago by Crypto InsightsCrypto

The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (which operates as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and counter-terrorist financing laws. The fine related to over… Read More