Monday, March 14, 2022

Sources: Tencent is facing a record fine after Chinese regulators found WeChat Pay flouted anti-money-laundering rules and had other regulatory lapses (Jing Yang/Wall Street Journal)

Jing Yang / Wall Street Journal:
Sources: Tencent is facing a record fine after Chinese regulators found WeChat Pay flouted anti-money-laundering rules and had other regulatory lapses  —  China's central bank found regulatory breaches and lapses during a recent inspection of the ubiquitous payments network



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Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea (Bloomberg)

Bloomberg : Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing ...