DFS states crypto firms will be charged based on the total operating expenses of overseeing licensees and the “proportion deemed reasonable” for other overhead expenses.
Auros borrowed 2,000 wETH ($2.6 million) with a 14-day maturity on November 27, three days before M11 Credit's statement on Auros’ short-term liquidity crunch
The US Treasury Department's Office of Foreign Assets Control has entered into an agreement with Kraken over having served Iranian customers despite U.S sanctions.