Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto Post author:MiamiCrypto Post published:September 3, 2021 Post category:Banks / Cryptocurrencies / Cryptocurrency Exchange / Fiat / fines / law / Regulation Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years. You Might Also Like Do Kwon lawyers received $7 million before Terra collapse: Report April 15, 2023 Sberbank to Conduct First Digital Asset Transaction on Own Platform June 19, 2022 Fed issues discussion paper on benefits and risks of a digital dollar January 20, 2022