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Luxembourg flags crypto companies as high risk for money laundering
27.5.2025
Luxembourg classified virtual asset service providers (VASPs) as high-risk entities for money laundering in its 2025 National Risk Assessment (NRA), highlighting concerns over the crypto industry’s exposure to financial crime.According to the report, the inherent risk level of VASPs is deemed...
Luxembourg flags crypto companies as high risk for money laundering
27.5.2025
Luxembourg classified virtual asset service providers (VASPs) as high-risk entities for money laundering in its 2025 National Risk Assessment (NRA), highlighting concerns over the crypto industry’s exposure to financial crime.According to the report, the inherent risk level of VASPs is deemed...
Luxembourg flags crypto companies as high risk for money laundering
27.5.2025
Luxembourg classified virtual asset service providers (VASPs) as high-risk entities for money laundering in its 2025 National Risk Assessment (NRA), highlighting concerns over the crypto industry’s exposure to financial crime.According to the report, the inherent risk level of VASPs is deemed...
New node certification could coax more institutions into Ether staking
27.8.2024
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
22.8.2024
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto...
Bermuda-Licensed Relm Insurance Unveils Suite of Crypto Risk Products
3.4.2024
As well as cyber and crime markets, Relm is offering reimbursement for losses associated with staking on the Ethereum network
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
Regulatory Clarity Won’t Bring an End to Crypto Risk
24.10.2023
Even comprehensive crypto legislation won’t stop people from making bad investment decisions, says EY's blockchain leader
Inspector General wants FDIC to refine crypto risk assessment process, guidance
18.10.2023
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found
IMF Proposes Crypto Risk Assessment Matrix for Macrofinancial Impact on Countries
2.10.2023
The International Monetary Fund (IMF) published a working paper that highlights risk management strategies and policy changes for regulators.
The paper titled, “Assessing Macrofinancial Risks from Crypto Assets” released on Sept 29 proposes a crypto-risk assessment matrix (C-RAM) for risk-prone...
Crypto highlighted as 'novel and complex' risk to US banks: FDIC report
15.8.2023
The FDIC warns that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks
Elliptic integrates ChatGPT to bolster crypto risk detection
4.6.2023
Crypto risk management firm Elliptic believes that ChatGPT will assist in exposing crypto risks to users that "they can't get anywhere else."
Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area Network, US CFTC Mulls Rules Change to Include Crypto Risk
2.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area...
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
12.3.2023
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.”...
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
Approach with caution: US banking regulator’s crypto warning
9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management
FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
16.11.2022
With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
Former CFTC Commissioner Dawn Stump Joins Crypto Risk Monitoring Firm Solidus Labs as Advisor
16.8.2022
The former commissioner of the U.S. Commodity Futures Trading Commission (CFTC) Dawn Stump has joined crypto risk monitoring firm Solidus Labs as an advisor
Crypto Risk Monitoring Firm Solidus Labs Raises $45M
12.5.2022
Liberty City Ventures led the round for the market surveillance and risk monitoring startup, which has several ex-regulators as backers or advisors