2024-2-27 01:28 |
Frankfurt has emerged as the most suitable location for the situation of anti-money laundering and counterterrorism financing (AML/CFT) authority headquarters in Europe. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Although bitcoin mixers are frequently targeted by financial regulators in relation to anti-money laundering efforts, they are also used for a range of legitimate purposes such as protecting financial privacy and avoiding nefarious transaction monitoring.
2023-5-6 15:00 | |
|
|
Binance crypto exchange is taking further steps in its attempts to take the edge off the increased regulatory scrutiny by hiring a former Inland Revenue Service (IRS) investigator and cybercrime guru to lead its anti-money laundering requirements.
2021-8-19 00:18 | |
|
|
How to comply with anti-money laundering regulations while preserving user privacy was a major topic of conversation at this conference
2019-11-9 17:33 | |
|
|
The Fifth Anti-Money Laundering (AML) Directive, implemented originally by the European Union (EU), became active in July of 2018. The directive made it possible for the EU’s regulators to monitor crypto-related businesses and service providers, based on the intention of reducing the risk of money laundering and terrorism financing. The directive has now been transposed […]
2019-2-20 01:02 | |
|
|
Cypriot securities regulators are calling for the transposition of the European Union’s Fifth Anti-Money Laundering Directive into national law
2019-2-20 21:57 | |
|
|
Spain’s second-largest bank, BBVA, has aggressively frozen up to 5,000 accounts without warning. Many of the accounts belonged to Chinese clients, leading to cries of racism. The bank, however, claims it was acting on Spanish anti-money laundering rules.
2019-2-18 16:56 | |
|
|
Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16.
2019-2-18 13:00 | |
|
|
Chainanalysis has gathered $30 million to open a new and research lab in London to spread its presence in the United Kingdom. Chainalysis unveiled real-time Anti-money laundering software Chainalysis KYT (Know Your Transaction) last year and is now expanding towards cryptocurrencies and Stablecoins according to a February 12, 2019 blog post.
2019-2-14 06:00 | |
|
|
LocalBitcoins is a crypto exchange that allows investors to take part in peer-to-peer trading. To make sure the brand is able to operate within Finland, they have recently made changes to the identity verification rules that impact the users.
2019-2-11 18:21 | |
|
|
Peer-to-peer cryptocurrency exchange LocalBitcoins recently issued a statement about anti-money laundering laws and compliance with the 5th AML Directive of the European Union. The company said that it wants to work on compliance while building trust.
2019-2-11 15:29 | |
|
|
P2P Bitcoin trading platform Localbitcoins has has said it will launch fresh user identification requirements as part of its push to remain compliant with EU law. EU Compliance Looms For Localbitcoins In a statement published February 8, Localbitcoins said it would make “major changes” to its user experience following new anti-money laundering (AML) and know-your-customer (KYC) policies being enacted in its home jurisdiction of Finland.
2019-2-11 11:00 | |
|
|
Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules.
2019-2-11 23:32 | |
|
|
Thefts and scams are plaguing the crypto space, which saw US$1. 7 billion worth of cryptocurrencies being stolen and scammed in 2018, a sharp increase despite a slump in the market, according to the CipherTrace 2018 Q4 2018 Cryptocurrency Anti-Money Laundering Report.
2019-2-2 15:11 | |
|
|
The Australian Transaction Reports and Analysis Centre (Austrac) has now officially registered 246 cryptocurrency exchanges. Pro-regulation industry participants have described the move as a key step towards legitimizing crypto assets.
2019-2-2 05:15 | |
|
|
According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1. 7 billion of cryptocurrency last year. Despite the savage bear market conditions and freefalling prices, cryptocurrency theft is on the rise.
2019-1-31 14:00 | |
|
|
CryptoNinjas New research released today in the CipherTrace 2018 Q4 Cryptocurrency Anti-Money Laundering (AML) Report reveals that $1. 7 billion in cryptocurrency was stolen and scammed in 2018 — a dramatic rise in criminal activity despite a slump.
2019-1-30 00:55 | |
|
|
Four of South Korea’s largest cryptocurrency exchanges, Bithumb, Coinone, Korbit, and Upbit, have announced a new initiative to increase anti-money laundering (AML) efforts and fight illegal activities on their respective platforms, the companies said in a joint statement on January 25.
2019-1-29 02:20 | |
|
|
Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes.
2019-1-28 20:10 | |
|
|
New AML Tool For Stablecoins Launched By Crypto Surveillance Firm Chainalysis One of the biggest names in crypto compliance and investigation solutions Chainalysis has recently announced that they are launching Chainalysis Know Your Transaction (KYT) for stablecoins.
2019-1-27 19:58 | |
|
|
CryptoNinjas South Korea’s four largest cryptocurrency exchanges, Bithumb, Coinone, Korbit, and Upbit, today announced a joint initiative to increase anti-money laundering (AML) efforts and foster a healthier trading environment.
2019-1-26 21:30 | |
|
|
Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain.
2019-1-19 00:50 | |
|
|
Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.
2019-1-16 01:54 | |
|
|
When it comes to cryptocurrency regulation, there is a lack of consensus on how to protect investors. Criminal activity such as fraud, hacks and theft is prevalent, not only in the crypto realm, but in the traditional financial world too.
2019-1-14 19:50 | |
|
|
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Cryptocurrency and anonymity is becoming an ever more contentious issue.
2019-1-11 16:45 | |
|
|
Morgan Stanley fine reveals that it’s the financial industry that has a problem with money laundering, not crypto
2019-1-5 21:23 | |
|
|
The Irish Cabinet has approved a bill that would give effect to the fifth EU money laundering directive and strengthen existing legislation
2019-1-4 02:50 | |
|
|
The American financial industry regulatory authority, FINRA, has fined wall Street bank Morgan Stanley for violating anti-money laundering (AML) rules over a period of five years, reported Finance Magnates on December 26, 2018.
2018-12-29 15:00 | |
|
|
The Financial Action Task Force recommendation is part of a broader report about British anti-money laundering and combating the financing of terrorism systems.
2018-12-10 11:38 | |
|
|
The upcoming settlement product will be subject to several NYDFS requirements including implementation of anti-money laundering measures.
2018-12-5 21:43 | |
|
|
As South Korea has come in to the cryptocurrency market, they have been fairly strict about the regulations that exchanges and investors must adhere to. However, as the Financial Supervisory Service (FSS) has reviewed the local financial institutions, they have found that two major domestic banks are not doing their part in anti-money laundering (AML) […]
2018-12-5 03:28 | |
|
|
Talks about regulation centered around anti-money laundering and anti-terrorism funding.
2018-12-4 03:40 | |
|
|
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.
2018-12-4 23:44 | |
|
|
One Of The First Blockchain-Based KYC Trial Has Been Completed: Thanks To Collaboration Between 26 French Companies And Five Banks Between a series of banks and approximately Twenty-Six companies based out of France, have managed to successfully completed a test of blockchain for the use of anti-money laundering policies such as Know Your Customer (KYC). […]
2018-12-4 23:42 | |
|
|
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
|
|
CoinSpeaker Singapore Releases Updated ICO Guide The updated guide clarifies the Singapore central bank’s stance on how certain intermediaries should observe the rules determined by Anti-Money Laundering and Countering Financing of Terrorism policies. Singapore Releases Updated ICO Guide
2018-12-3 12:35 | |
|
|
On November 30 and December 1, the 2018 G20 Buenos Aires summit, the thirteenth meeting of Group of Twenty (G20), was held in Buenos Aires, Argentina. According to the section 25 of G20 leaders’ declaration, G20 countries will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with Financial Action Task […]
2018-12-3 19:35 | |
|
|
G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina. ‘We will regulate crypto-assets for anti-money laundering’ On Saturday, a joint declaration was officially signed by all G20 nations, reports The Saudi Gazette.
2018-12-2 17:00 | |
|
|
CryptoNinjas Gatecoin, a Hong Kong-based cryptocurrency exchange, announced it has integrated the Coinfirm AML (Anti-Money Laundering) risk and compliance platform and joined their AMLT Network as a Member.
2018-11-29 08:18 | |
|
|
How Does Laundering Money Via Bitcoin Work? We hear about crypto exchanges being pressured to implement things like KYC (Know Your Customer) and AML (Anti-Money Laundering) all the time, which means that cryptocurrencies can likely be used for such illicit activities.
2018-11-28 00:16 | |
|
|
Mexican startup Airtm will launch a campaign to raise donations for Venezuelans, a country whose poor monetary policies have plagued it with hyperinflation. Called the AirdropVenezuela.
2018-11-28 19:29 | |
|
|
Что такое KYC Процедура KYC (know your customer, «знай своего клиента») — это часть системы по борьбе с отмыванием денег, полученных преступным путем (anti-money laundering или AML). Задачи AML в широком смысле — это контроль за счетами клиентов и выявление подозрительных транзакций.
2018-11-26 12:13 | |
|
|
Regulators from all over the world have been waking up to cryptocurrency regulation this year and it seems the Bahamas are the latest to open their eyes. The Central Bank of the Bahamas (CBOB) has published a regulatory framework in preparations to integrate cryptocurrency-based assets into its financial services industry, according to the Nassau Guardian.
2018-11-9 18:06 | |
|
|
The Taiwanese Government recently amended their anti-money laundering and Countering Finance Terrorism (AML/CFT) laws concerning cryptocurrency regulations. According to an Asia Times article published on November 5, 2018, these revisions and changes will give Taiwan’s Financial Supervisory Commission (FSC), the ability to crack down on any anonymous cryptocurrency transactions.
2018-11-5 20:00 | |
|
|
Decentralized Exchange, IDEX Finally Implements KYC/AML Policies According to a recent IDEX Medium post, it has been revealed that the first ever Ethereum-based, decentralized exchange will be implementing the Know-Your-Customer (KYC) and Anti-Money Laundering (AML) Policies.
2018-11-3 01:12 | |
|
|
Taiwan Legislature Places New Requirements For Cryptocurrency Exchanges A new Taiwan law has been passed to amend existing anti-money laundering (AML) and counter-terrorism financing (CFT) laws to require crypto exchanges to give some information to the government and change their compliance rules.
2018-11-3 00:12 | |
|
|
Taiwan’s legislature has amended the country’s anti-money laundering and terrorism financing prevention laws to include regulatory requirements for cryptocurrency transactions. Taiwan’s Anti Money Laundering Regulations for Cryptocurrency According to Focus Taiwan, the amendments grant the country’s top financial regulator (FSC) the power to clamp down on anonymous cryptocurrency transactions.
2018-11-3 22:57 | |
|
|
A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines.
2018-11-1 08:35 | |
|
|
CryptoNinjas Upside, a subsidiary of Korea’s Metaps Plus, the mobile fintech and blockchain company, announced today that it has officially opened a new secure cryptocurrency exchange called UpXide.
2018-10-30 12:32 | |
|
|
The Binance cryptocurrency exchange has outlined its intentions to eradicate money laundering activities from its platform. Since the inception of digital currencies, there has been a widely held perception that they are the tool that facilitates illegal transactions.
2018-10-30 04:22 | |
|
|
Binance Holdings Ltd, along with its founder and former CEO Changpeng Zhao and senior executive Guangying Chen, has been named in a federal lawsuit for knowingly allowing transactions that enabled Hamas to support and carry out the Oct. 7 attack…
Ethiopia’s Financial Intelligence Service is preparing to regulate virtual currencies, despite their ongoing ban in the country. As initially reported by The Reporter Ethiopia, Ethiopia’s Financial Intelligence Service has announced that preparations are underway to regulate virtual currencies, despite their…
A United States resident has been sentenced to over 30 years in prison for sending cryptocurrency to support the Islamic State terrorist organization. Mohammed Azharuddin Chhipa, a 35-year-old from Springfield, Virginia, was handed a sentence of 30 years and four…
The U.S. Department of Justice has seized approximately $201,400 in cryptocurrency linked to Hamas. This seizure was part of a terrorist financing operation that laundered over $1.5 million in virtual currency since October 2024, according to the DOJ. According to…
North America remains the largest source of extremist crypto donations, but Europe’s rapid growth demonstrates shifting regional dynamics, analysts alarm. Extremist groups worldwide are increasingly relying on crypto, with Europe seeing a concerning rise in activity, U.S.-based blockchain analytics firm…
A teenager from East London allegedly offered his expertise on cryptocurrency and cybersecurity to the terrorist groups Al Qaeda and the Pakistani Taliban. According to a report by the Standard, a 16-year-old boy from East London has been charged with…
OFAC designated social media news outlet Gaza Now and its founder Mustafa Ayash for crypto fundraising efforts aimed at supporting Hamas. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) alongside the U.K.’s Office of Foreign Sanctions…