Tag: US

KuCoin Faces Canada’s Largest Ever Anti-Money Laundering Fine

By Emir Abyazov Key highlights: KuCoin battles $19.5 million fine from Canadian AML regulator Exchange disputes foreign business classification and fines Legal case could reshape crypto compliance in Canada KuCoin appeals record $19.5 Million AML fine from Canada Canada’s financial regulator has fined crypto exchange KuCoin C$19.5 million ($14.1 million) for breaking anti-money laundering (AML) […]

Cloudflare Enters Stablecoin Arena With Launch of NET Dollar

By Marco Piccolo Key highlights: Cloudflare announces NET Dollar, a USD-backed stablecoin designed for AI-driven online transactions and micropayments. NET Dollar aims to support the emerging “agentic web,” where AI agents autonomously perform tasks and require real-time payment capabilities. The move aligns Cloudflare with a broader trend of major tech firms developing blockchain-based payment infrastructure. […]