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South Korea Vows to Crack Down on Crypto Money Laundering


South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who...

Coinbase CEO Calls D.O.G.E to Address AML Regulation Failure


Coinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these constituted a “police failure.” Linking...

WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges


According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This...

New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes


New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the growing virtual currency sector. The role involves using...

Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024


Cryptocurrency has revolutionized the financial sector, providing a decentralized and borderless means of transferring value. However, with its rapid adoption, […] The post Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024 appeared first on

Binance Secures 20th Global Milestone With Argentina Crypto Registration


Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in...

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