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Nalezeno "AML": 776

Crypto firms not meeting AML standards, says UK minister

28.5.2021
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year

Australian tax office: Report crypto profits or else

28.5.2021
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation

Korean gov't clarifies crypto regulatory roles of different agencies

28.5.2021
After some confusion, South Korea's government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities

Korea’s crypto market is among the strongest — and the strangest — in the world

25.5.2021
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy

Blockchain will thrive once innovators and regulators work together

15.5.2021
Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem

DeFi lending platform Aave reveals “private pool” for institutions

12.5.2021
Designed for institutional investors, the lending pool will feature KYC and AML restrictions

Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

5.5.2021
The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns...

Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts

4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...

Crypto.com to use CipherTrace tool to comply with FATF's travel rule

3.5.2021
Crypto.com has chosen CipherTrace's specialized compliance tool to help it fulfill the complex requirements of the FATF's industry-shaping “travel rule.”

Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers

3.5.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising...

Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

2.5.2021
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered...

UK Banks Getting Tough on Bitcoin, But AML Rules Are The Real Problem

25.4.2021
Matthew Shillito, Lecturer in Law, University of Liverpool. _____ NatWest, the UK retail bank, has announced it will not engage with business customers who accept payment in bitcoin or other cryptocurrencies. It follows recent announcements from HSBC that it won’t allow transfers from digital...

Mergers and acquisitions are rising, leaving crypto assessments in question

17.4.2021
Questions around cryptocurrency assessments gain momentum, which brings some nuanced challenges in assessing crypto’s place in M&A

How banks can identify money laundering involving crypto, explained

7.4.2021
What are the tools that banks and financial institutions need to identify money laundering involving crypto? This explained guide reveals all

Japan's FSA asks cryptocurrency industry group to introduce FATF travel rule

1.4.2021
Japan has been a member of the FATF since 1990

Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation

26.3.2021
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used...

New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs

24.3.2021
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets....