Search

Nalezeno "aml": 666

Australian state police sets up crypto division to trace transactions

5.9.2022
The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018

Georgia aims to adopt European crypto standards for Anti-Money Laundering

31.8.2022
One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union

A16z-backed CoinSwitch exchange raided over alleged forex law breaches

26.8.2022
The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list

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...

Are non-KYC crypto exchanges as safe as their KYC-compliant peers?

20.8.2022
While most crypto exchanges have begun implementing KYC mandates, investors still have the choice to opt for crypto exchanges that promote greater anonymity by not imposing KYC

AML and KYC: A catalyst for mainstream crypto adoption

14.8.2022
One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

11.8.2022
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets

BitMEX former executive pleads guilty to violating the Bank Secrecy Act

9.8.2022
Gregory Dwyer becomes the last one from the exchange’s management to enter a plea

Indian authorities freeze $8.1M in WazirX funds as part of AML investigation

5.8.2022
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."

Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas

3.8.2022
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The...

New York financial regulator fines Robinhood's crypto division $30M

2.8.2022
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris

Japan's crypto self-regulation 'experiment' not working

20.7.2022
Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout

Coinbase secures crypto asset service provider approval in Italy

18.7.2022
Coinbase started providing its cryptocurrency services in Italy a while ago, offering Coinbase card services in the country as of June 2019

Binance Gets VASP License From the Bank of Spain

11.7.2022
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of...

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...