Browsing: Grinex

The US Treasury’s OFAC has re-sanctioned Garantex, highlighting the challenges in regulating crypto exchanges involved in illicit activities. Meanwhile, the Philippines SEC cracks down on unregistered platforms, and Google Play introduces new licensing requirements for wallet developers, reflecting a global trend towards stricter crypto oversight.

The Philippines SEC intensifies its crackdown on unregistered crypto exchanges, signaling a significant shift towards stricter crypto regulation in Southeast Asia.

A7A5, a Russian ruble-backed stablecoin, has become a focal point in the crypto market due to its rapid growth and controversial ties to the sanctioned Garantex exchange and its successor, Grinex.