Tag: AML
European Parliament Adopts Anti-Money Laundering Rules Package That Will Also Regulate Crypto
The new measures also seek to give people or entities with "legitimate interest," including journalists, media professionals, civil society organizati [...]
Crypto.com Postpones South Korea Launch Following Reports of Money Laundering Probe
“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make [...]
It’s Time to Scrap AML/KYC Entirely
It’s Time to Scrap AML/KYC Entirely
www.coindesk.com [...]
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
"We're mitigating risks linked to large sums of money with an EU-wide limit of 10,000 euros for cash payments. At the same time, we're addressing risk [...]
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
“Because we aggregate and standardize AML information, we can provide a comprehensive view of web3 wallets that meets the standards expected of compli [...]
Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
www.coindesk.com [...]
Crypto Provisions Dropped From 2023 U.S. Defense Bill
Two crypto provisions addressing anti-money-laundering concerns were dropped from a joint version of the National Defense Authorization Act, a militar [...]
Europe’s AML regulations come at a high cost — for your privacy and otherwise
The European Union’s financial regulatory landscape is in flux with the introduction of multiple Anti-Money Laundering (AML) directives and related la [...]
Coinbase secures AML registration from Bank of Spain
Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering (AML) compliance registration from Spain’s central bank, as part of its ongoing [...]
Taiwan Crypto Watchdog to Issue 10 Guiding Principles ft AML and Global Rules, for Virtual Assets in September: CNA
The East Asian country will set guidelines to ensure that crypto businesses establish review mechanisms, keep customers payments separate from their o [...]
Binance applies for Taiwan AML compliance: Report
The world's leading crypto exchange by trading volume, Binance, has reportedly applied to get registered under the money laundering control act introd [...]
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
The amendment was crafted by provisions taken from the 2023 Lummis-Gillibrand Responsible Financial Innovation Act and Senator Warren’s and Senator Ma [...]
Kuwait Regulator Bans Crypto Payments, Investment and Mining to Comply With FATF’s AML Rules
The Capital Markets Authority also placed an "absolute" ban on all digital asset mining, prohibited the recognition of crypto as decentralized currenc [...]
Georgian central bank to launch AML probe into crypto firms
Georgia, a major cryptocurrency-friendly country among Post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering a [...]
EU’s Banking Regulator Highlights AML Risks in Crypto Privacy Coins, Self-Hosted Wallets
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