Tag: jurisdictions

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T [...]
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says

Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says

“Almost three quarters of jurisdictions are only partially compliant or not compliant with the FATF’s requirements” for virtual assets, according to a [...]
Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors at Davos Panel

Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors at Davos Panel

Klaas Knot called the appealing localities with lax restrictions "sunny places for shady people." www.coindesk.com [...]
Crypto Exchange Bittrex to Pay $30M to Settle OFAC Charges It Allowed Sanctioned Jurisdictions to Trade

Crypto Exchange Bittrex to Pay $30M to Settle OFAC Charges It Allowed Sanctioned Jurisdictions to Trade

Between 2014 and late 2017, Bittrex allowed around 1,800 people in sanctioned jurisdictions – including Iran, Cuba, Sudan, Syria and Crimea – to condu [...]
Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

The Financial Action Task Force, or FATF, reported that many countries are not in compliance with its standards on countering the financing of terrori [...]
Nearly Half of Jurisdictions Still Not Applying Crypto Laundering Norms, Global Regulator Says

Nearly Half of Jurisdictions Still Not Applying Crypto Laundering Norms, Global Regulator Says

The Financial Action Task Force has vowed to toughen its monitoring, though some fear customer identification rules could harm online privacy. www.co [...]
Trump’s “anarchist jurisdictions” memo is authoritarian and sure unconstitutional

Trump’s “anarchist jurisdictions” memo is authoritarian and sure unconstitutional

Usually, when the White Home releases a doc laying out a brand new coverage, that doc consists of no less than just a few paragraphs explaining [...]
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