AML

MEPs Passed New EU Crypto Anti Money Laundering Rules

MEPs have approved measures to restrict payments made by unverified cryptocurrency users as part of a comprehensive revision of anti-money…

2 years ago

UK Financial Conduct Authority Warns Crypto Firms To Face Large Penalties If False Promotions

Key Points: Crypto firms are being cautioned by the UK Financial Conduct Authority to abide by its updated rules for…

2 years ago

Coinbase Pays $100 Million To New York Regulator Fine For AML Regulatory Vulnerability

Key Points: In response to inquiries concerning shortcomings in its compliance program, Coinbase and the New York Department of Financial…

2 years ago

Hong Kong Startup G-Rocket Aims To Lure 1,000 Web3 Companies

Key Points: In the next three years, Johnny Ng Kit-Chong, a member of the Legislative Council, and his co-founder G-Rocket…

2 years ago

Binance Once Again Splits DOJ On Allegations Of AML Violation: Reuters

According to Reuters, the US Justice Department (DOJ) is still considering pursuing crypto exchange firm Binance and its senior officials,…

2 years ago

Hong Kong Passed New Rules For VASPs

Hong Kong lawmakers enacted legislation requiring virtual asset service companies to be licensed (VASPs). The new laws also force financial…

2 years ago

The FATF Will Not Change The Way Crypto Assets Are Regulated

After Al Jazeera reported that the intergovernmental organization for combating money laundering and financing of terrorism was getting ready to…

2 years ago

Coinbase-Backed TRUST Coalition Expands Into Europe

The Travel Rule Universal Solution Technology (TRUST), a cryptocurrency anti-money laundering (AML) initiative funded by Coinbase, has expanded into Europe.…

2 years ago

South Korean Crypto Whales Will Be Monitored To Stop Money Laundering

Crypto whales with assets worth more than 100 million won will be under the scrutiny of South Korea's Financial Service…

2 years ago

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