Coinbase Blocked Thousands Of Accounts Due To Regulatory Compliance, Halting Customer Funds
In the last few days, several customers of the crypto exchange Coinbase have complained about having their accounts restricted.
![image XingChi](https://image.coinlive.com/24x24/cryptotwits-static/8b39b710c7f696c2d9e0e14e0bad909b.png)
In the last few days, several customers of the crypto exchange Coinbase have complained about having their accounts restricted.
On August 8, the U.S. Federal Reserve took a major enforcement action against Pennsylvania-based Customers Bank, marking the U.S. government’s gradual increase in regulatory oversight of cryptocurrency-related businesses.
New EU laws enforce stricter due diligence for crypto companies to prevent money laundering, overseen by AMLA and impacting CASPs under MiCA.
Native is positioned as the liquidity layer of the blockchain and includes three products: Native, a liquidity interface that can be integrated by projects, NativeX, a transaction and cross-chain aggregator, and Aqua, a new lending tool.
Bitcoin ETFs face scrutiny in due diligence, LPL Financial exercises caution, performance challenges arise, market conditions fluctuate, and Scaramucci criticizes negative narratives.
Turkey is implementing crypto regulations, prioritising licensing standards to address FATF concerns, ensure global compliance, and bolster its position in the crypto market.
The watchdog supposedly requested several financial firms to explain how they decided to become FTX cusomers.
It's not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on user's funds.
While the president had previously called the bill innovative, concerns about anti-money laundering measures brought it back to the administration for discussion.
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government.