anti-money laundering
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Understanding Bermuda’s Digital Asset Regulations: The Future of Cryptocurrency
According to reports, the Prime Minister of Bermuda stated at the Consonsus 2023 festival that Bermuda has very strict and clear regulations, and digital assets are clearly defined
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Ouyi OKX Partners with SlowMist to Enhance Blockchain Security
According to reports, Ouyi OKX and blockchain security company SlowMist have officially reached a strategic partnership. The two sides will engage in security business cooperation
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#Draft Stable Currency Bill: A Revised Proposal for Regulation by the Federal Reserve
According to reports, according to insiders, the draft stable currency bill proposed by the Republican Party in the United States was revised earlier this week, and both Democratic
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Coinbase Obtains Class F License from Bermuda Monetary Authority
According to reports, Coinbase announced that as part of its international expansion efforts, the company has obtained a Class F license from the Bermuda Monetary Authority (BMA),
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Evaluating Costs Associated with Encryption Companies
According to reports, the New York Department of Financial Services (NYDFS) has passed a new regulation on how to evaluate the costs associated with encryption companies and their
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Citi India Completes Its First Blockchain Letter of Credit Transaction with Contour for Cummins India Limited
On April 17th, Citi India completed its first blockchain letter of credit (LC) transaction on Contour for its client Cummins India Limited.
Cummins and Citigroup India completed th -
The Importance of Encryption Mixers and the Potential Impact of OFAC Rulings on the Crypto Industry
According to reports, the DeFi Education Fund has joined the advocacy group, believing that encryption mixers have important social functions, and that OFAC may set a dangerous pre
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Kakao Bank: If Coinone is found to have engaged in illegal activities, the bank account provided to it will be terminated
On April 10th, Kakao Bank, which provided the Korean Won bank account to Coinone, the Korean Cryptographic Exchange, said: \”According to the Special financial law, we are conductin
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Table of Contents
According to reports, British Home Secretary Suella Braverman announced the second part of the British government\’s economic crime plan at the Economic Crime Conference this week.
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Socios.com Approved by Bank of Spain as Virtual Asset Service Provider
According to reports, the fan token platform Socios.com has been approved by the Bank of Spain to register as a virtual asset service provider (VASP). Socios.com is allowed to prov
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Anti Money Laundering Regulations Adopted by European Parliament
On March 28th, members of the Committee on Economic Affairs and the Interior of the European Parliament voted 99 in favour, 8 against, and 5 abstentions to adopt the anti money lau
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Pundi X receives FINTRAC registration to operate in Canada
On March 28th, Pundi X, a blockchain retail solution, announced that it had been registered as a Canadian currency service enterprise with the Canadian Financial Transactions and R
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Understanding the Latest Anti Money Laundering Bill of the European Parliament
According to reports, according to the latest anti money laundering bill of the European Parliament, commercial encryption restrictions may no longer need to be associated with lic
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Blockchain analysis company, Crystal, hires new deputy product director for continuous innovation
On March 14, the blockchain analysis company Crystal announced the appointment of Jordan Alexander as its new deputy product director. In his new position, Alexander will work closely with Marina Khaustova, CEO of Crystal, to develop a strategy for continuous innovation and bringing the company’s products to the market. It is reported that Crystal provides encryption investigation and anti-money laundering compliance solutions. (PR Newswire) The blockchain analysis company Crystal appointed Jordan Alexander as the new deputy director of products Analysis based on this information:Crystal, the blockchain analysis company, recently announced the appointment of Jordan Alexander as its new deputy product director. This is a strategic move that highlights the company’s commitment to continuous innovation and providing cutting-edge solutions that cater to the needs of its clients. According to reports, Crystal offers encryption investigation and anti-money laundering compliance solutions, making it a crucial player in the blockchain industry. In his new position, Alexander will work closely with Marina Khaustova, the CEO…
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DeFi Transfers Classified as High-Risk under EU Anti-Money Laundering Regulations
It is reported that according to the latest version of EU anti-money laundering regulations, the transfer with DeFi may be classified as high-risk. After the Eu
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NFTs May Be Classified as Securities in the Future, Says BaFin Journal
On March 8, the BaFin Journal of the German Federal Financial Supervisory Authority (BaFin) reported that in the regulatory review of NFT, the BaFin process is…
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Tether Denies Forging Documents for Bank Account
According to reports, in response to the Wall Street Journal\’s report that the stable currency issuer Tether had opened a bank account through forgery of docum…
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NFT Platforms to be Bound by EU Anti-money Laundering Act
On March 3, the policy makers of the European Parliament are negotiating to amend the text of the EU Anti-money Laundering Act to emphasize that the NFT platfo…
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Korea’s Financial Intelligence Unit to Conduct On-Site Inspection of Currency Market Exchange
On March 2, the Financial Intelligence Unit (FIU) under the Korea Financial Services Commission (KFSC) will start on-site inspection of the GDAC of the country…
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EU’s Anti-Money Laundering Regulations to Regulate Cryptocurrency Transactions
It is reported that according to the latest draft of the EU anti-money laundering regulations it has obtained, the current version of the draft may prohibit th…
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Senator Elizabeth Warren Calls for Stringent Anti-Money Laundering Rules for Cryptocurrency Companies
It is reported that US Senator Elizabeth Warren promised to reintroduce a bill at the Senate hearing on Tuesday to tighten the anti-money laundering rules of c…
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Dubai Virtual Assets Regulatory Authority (VARA) Issues Regulations for Virtual Assets Framework
On February 14, the Dubai Virtual Assets Regulatory Authority (VARA) issued the Regulations on Virtual Assets and Related Activities in 2023, and formulated a …