Search
India reconsiders foreign crypto exchange registrations: Report
6.9.2024
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws
United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’
4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...
Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance
8.8.2024
The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known for its crypto-friendly stance, were detailed in...
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Swiss regulator FINMA targets stablecoin issuers in new proposal
28.7.2024
As stablecoins continue to gain traction globally, regulatory initiatives such as FINMA’s guidance are likely to influence policies in other jurisdictions
Exclusive: Micapass CEO Gintarė Košubienė Discusses AML Compliance Shift in Crypto Post-Binance Fine
14.12.2023
The cryptocurrency industry is on the brink of a transformative shift in Anti-Money Laundering (AML) compliance, a change propelled by the recent landmark fine imposed on Binance and its CEO, Changpeng Zhao. The recent anti-money laundering case involving Binance and its former CEO, Changpeng Zhao...
Binance applies for Taiwan AML compliance: Report
11.8.2023
The world's leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance
Binance applies for Taiwan AML compliance: Report
11.8.2023
The world’s leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance
S. Korean watchdog goes after crypto whales to ensure AML compliance
24.10.2022
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets
FCA's Crypto AML Compliance Chief Steps Down
18.10.2022
Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority
Taiwan Approves 24 Crypto Platforms, Including WOO Network, for AML Compliance
8.9.2022
Taipei is bringing crypto into its regulatory fold
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds
21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...
OCC issues order against Anchorage Digital over AML compliance
22.4.2022
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks
Binance Must Intensify AML Compliance For Paris Expansion - French Regulator
25.11.2021
French financial sector regulator Autorité des Marchés Financiers (AMF) has announced that crypto exchange Binance needs to intensify its efforts to ensure anti-money laundering compliance if it wants the agency’s backing for its plans to launch a regional registered office in the country's...
Crypto exchange Bitfinex testing new AML compliance tool
28.10.2021
Launched in production in 2020, Notabene’s Travel Rule solution now processes transactions between 50 crypto exchanges
AML compliance mandatory for foreign crypto exchanges, says Korean regulator
13.7.2021
South Korea’s strict crypto regulatory oversight is now extending to overseas exchanges that offer cryptocurrency trading services denominated in the country’s currency
Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField
21.2.2020
In partnership with blockchain analysis company Chainalysis, crypto exchange CoinField toughens up its AML security tech
New EU AML Compliance Laws Could Disrupt the Crypto Industry
18.1.2020
Anonymity in crypto faces extinction after new EU law: “Only true privacy coins like Monero might stand the test of time and resist de-anonymization”
Kraken Reveals 49% Increase in Law Enforcement Investigations
8.1.2020
The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further...