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Botswana central bank flags 'minimal’ crypto risks but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
23.12.2024
Botswana’s central bank acknowledges minimal crypto risks but highlights money laundering and regulatory concerns as key priorities
Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers
10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers.
The post Taiwan Proposes AML Amendments, Seeks...
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
1.5.2024
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed
Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal
23.10.2023
Hong Kong's Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector.
This call to action comes amid the HK$1.5 billion ($191 million) JPEX scandal that exposed...
Report: Namibian Parliament Passes Crypto Regulation Bill
6.7.2023
The Namibian parliament recently passed a bill that aims to establish a regulatory regime for cryptocurrencies. According to the Namibian Finance Minister, safeguarding the interests of consumers and combating market abuse are some of the reasons why parliament has taken this step. Mitigating Money...
Consider DLT Use When Judging Money Laundering Risks, EBA Advises Supervisors
29.3.2023
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...
Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
11.12.2019
The Swiss Financial Market Supervisory Authority warned that blockchain exacerbates the country’s money laundering risks