Fees
Athena Bitcoin Sued Over Undisclosed Fees On Crypto ATMs
The attorney general’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming that it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place. DC Attorney General Brian Schwalb alleged on Monday that 93% of deposits on Athena in its first […]
Kazakhstan’s AFSA To Adopt Stablecoins for Regulatory Fees
Kazakhstan’s financial regulators have allowed license and supervision fees to be paid in USD-pegged stablecoins. Kazakhstan’s Astana Financial Services Authority (AFSA), a designated financial authority for the Astana International Financial Centre (AIFC), has launched a project enabling AIFC members to pay regulatory fees in USD-pegged stablecoins. The regulator announced on Thursday that the project was […]