Search

Nalezeno "AML": 776

EU members reportedly plan for AML watchdog to oversee crypto firms by 2024

23.2.2022
"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament

Uphold becomes registered crypto-asset firm in UK post-FCA approval

23.2.2022
A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications

VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking

23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...

What is the importance of blockchain in the RegTech ecosystem?

20.2.2022
RegTech enhances compliance for financial services institutions. This guide explains how blockchain works in banking to achieve this goal

US-based crypto firms join forces for travel rule compliance

16.2.2022
“We are focused on adding new members, so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement

Making sense of the Bitfinex Bitcoin billions

16.2.2022
What happened with the Bitfinex hack? What does it mean now that the U.S. has the Bitcoin? Why is LEO token mooning and why is Netflix involved?

Laundering via digital pictures? A new twist in the regulatory discussion around NFTs

12.2.2022
From money laundering concerns to the categorization dilemma, these topics will define the emerging regulatory discussion around NFTs

Crypto Users and Exchanges Must Now Report Transactions in Colombia

6.2.2022
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported via an online reporting system, and exchanges will be required to issue...

Chainalysis report finds most NFT wash traders unprofitable

6.2.2022
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting

US Treasury targets NFTs for potential high-value art money laundering

6.2.2022
The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering

Are NFTs an animal to be regulated? A European approach to decentralization, Part 1

6.2.2022
The question facing nonfungible token regulation: Should NFTs be considered as digital assets?

How should DeFi be regulated? A European approach to decentralization

22.1.2022
The question for DeFi regulation: Is there an "owner" of the platform who can be held accountable for complying with the regulations?

Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament

22.1.2022
The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrencies. Preventing the Proliferation of Risks Associated With Cryptos A Botswana...

NFTs and compliance: Why we need to be having this conversation

21.1.2022
With the huge growth in the NFT industry, the time is right to take a look at NFTs from a compliance and regulatory perspective

South Korean Crypto Exchanges Face AML Probes as Regulators Test Compliance

18.1.2022
South Korean regulators are set to probe the nation’s four biggest crypto exchanges to test their anti-money laundering (AML) capabilities. The exchanges – Korbit, Upbit, Coinone, and Bithumb – are the only trading platforms that operate fiat KRW markets and received their operating permits...

New AML Legislation Won't Forbid Individuals to Hold Crypto, Says Estonia’s Ministry of Finance

4.1.2022
The Estonian Ministry of Finance has denied the crypto/blockchain industry insiders concerns related to the new legislation draft - stating that regulations will not be applied to retail investors but to businesses, and that there will be no ban on people owning crypto.... Read More: New...

India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection

2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...