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California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
3.1.2025
California resident Ken Liem accused three banks of failing to perform adequate checks that could have blocked scammers from opening accounts
California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
3.1.2025
California resident Ken Liem accused three banks of failing to perform adequate checks that could have blocked scammers from opening accounts
California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
3.1.2025
California resident Ken Liem accused three banks of failing to perform adequate checks that could have blocked scammers from opening accounts
California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
3.1.2025
California resident Ken Liem accused three banks of failing to perform adequate checks that could have blocked scammers from opening accounts
Australia to crack down on crypto ATM providers, citing money laundering risk
6.12.2024
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime
South Korea probes Upbit for 600K KYC violations
15.11.2024
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal
Crypto Anti-Money Laundering Specialist Notabene Raises $14.5M
12.11.2024
Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S
Slovenian Regulator Grants Bitstamp License for Crypto Derivatives
28.10.2024
Bitstamp, a cryptocurrency exchange, has received a MiFID MTF license from the Slovenian securities regulator. The license allows Bitstamp to offer more sophisticated products, including crypto derivatives, to both institutional and retail investors. The Slovenian securities regulator has granted...
Russia’s Digital Currency Measures Fail to Satisfy FATF, Blacklist Possible
17.10.2024
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The agency highlighted new federal laws addressing...
Cryptocurrency and Anti-Money Laundering (AML) Compliance in 2024
4.10.2024
Cryptocurrency has revolutionized the financial sector, providing a decentralized and borderless means of transferring value. However, with its rapid adoption, […]
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Taiwan’s new AML laws put crypto firms on notice
3.10.2024
The Taiwanese FSC has released new Anti-Money Laundering laws that will completely replace its current regulations and require the full compliance of VASPs.
Chinese gov't mulls anti-money laundering law to 'monitor' new fintech
14.9.2024
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024
Chinese gov’t mulls anti-money laundering law to ‘monitor’ new fintech
14.9.2024
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024
Nigerian Agency Gets Nod to Freeze $330,000 in Crypto Users’ Bank Accounts
12.9.2024
A Nigerian anti-corruption agency froze bank accounts (over $330,000) belonging to suspected cryptocurrency users on global platforms like Kucoin and Bybit. The agency believes these users manipulated the Nigerian currency (naira) through their trading activity. The exchanges are also accused...
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
5.9.2024
The FCA approved only four of the 35 applications it received in the year ended March 31
Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds
30.8.2024
The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices....
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds
28.8.2024
The crypto exchange complies with anti-money laundering legislation, he said
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
20.8.2024
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...
Bybit receives VASP, card operator registration in Argentina
16.8.2024
Bybit’s registration as a Virtual Asset Service Provider was made possible by a law passed in July