News Snapshot:
In brief - The crypto exchange BitMEX says it’s settled civil charges with the CFTC and FinCEN. - The company agreed to pay $100 million. The cryptocurrency exchange BitMEX has reached a $100 million settlement with the Commodity Futures Trading Commission and Financial Crimes Enforcement Network, according to a statement from the company. This past fall, BitMEX was charged with intentionally evading U.S. regulations. Like most other popular crypto exchanges, BitMEX has its headquarters overseas; regulators alleged that the company allowed U.S. traders to use its platform without fully complying with anti-money laundering and know-your-customer requirements. In failing to collect...
