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Crypto firm appeals $176M Fintrac penalty

A B.C.-incorporated cryptocurrency company is fighting a record $176 million penalty from Fintrac. Learn about the appeal and what it means for crypto regulation in Canada.

Crypto Firm Appeals Record $176M Fine in Canada

Xeltox Enterprises Ltd. is fighting a historic $176M fine from FinTRAC for alleged money laundering violations. Discover the details of the case and its implications for Canada's crypto sector.

Canaccord nears $75M US regulatory settlement

Canaccord Genuity Group Inc. is close to resolving U.S. compliance issues, setting aside US$75 million for penalties. Two senior compliance officers faced FINRA suspensions.

France Urges EU Shein Probe Over Illegal Items

France calls for urgent EU investigation into fast-fashion giant Shein after discovery of prohibited items including child-like sex dolls and hazardous products on their platform.

France moves to suspend Shein over illegal products

French authorities take decisive action against e-commerce giant Shein after discovering firearms, sex dolls, and other prohibited items on its marketplace, raising serious concerns about platform oversight.

Canada to Regulate Stablecoins in 2025 Budget

The Canadian government is moving forward with comprehensive stablecoin regulations as part of its 2025 budget, aiming to create a safer digital currency environment while maintaining financial stability.

Federal Court Strikes Down Georgia's PSC Election System

A federal court has overturned Georgia's at-large Public Service Commission elections, declaring them racially discriminatory. This landmark decision could transform energy regulation and political representation across the state.

Trump Administration Removes Housing Watchdog

The Trump administration has removed the independent watchdog overseeing the Federal Housing Finance Agency, raising concerns about oversight and accountability in housing regulation.

CPAB Appoints Sonny Randhawa as Incoming CEO

The Canadian Public Accountability Board appoints Sonny Randhawa as new CEO, bringing extensive financial regulation experience to strengthen audit oversight across Canada.

Trump May Pardon Binance Founder CZ: Report

Former President Donald Trump is reportedly considering a pardon for Changpeng Zhao, the ousted Binance CEO, raising questions about political influence in cryptocurrency regulation.

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