Search

Nalezeno "aml": 833

Bank of Russia wants to block ‘emotional’ and suspicious crypto activity

15.9.2021
The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...

Bithumb crypto exchange reportedly bans foreigners without mobile KYC

3.9.2021
Bithumb’s stricter KYC requirements come in line with South Korea’s tightened Anti-Money Laundering regulations regarding foreign users of crypto exchanges

Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet

30.8.2021
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics...

The new episode of crypto regulation: The Empire Strikes Back

27.8.2021
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready

Bitcoin ATM operators set up association to counter money laundering

26.8.2021
“Many BTM operators feel that merely asking for a cell phone number is enough due diligence to absolve them of their mandated KYC requirements,” a Coinsource exec said

Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance

25.8.2021
Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number which may grow as the project prepares to expand to smart contracts

Digital intelligence must overcome challenges to solving crypto crimes

20.8.2021
Changing an intelligence agency's perspective on crypto crime is the next step toward a successful crypto investigation

All Binance users are now subject to immediate KYC verification

20.8.2021
The crypto exchange will limit services for existing users unless they adhere to the new KYC and AML requirements

Former US Treasury official joins Binance to lead AML efforts

18.8.2021
Former IRS supervisor Greg Monahan replaces Karen Leong as the global money laundering reporting officer of Binance

Binance Hires Ex-US Treasury Investigator to Head AML Operations

18.8.2021
The crypto exchange giant Binance says that it has appointed a former American Treasury official as its new anti-money laundering (AML) enforcer – as the firm apparently moves to get on the good side of regulators around the world. The firm has fallen under scrutiny from regulators in a number...

Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required

12.8.2021
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and...

Singapore grants first regulatory in-principle approval to crypto exchange

3.8.2021
Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore

DeFi cannot be fully regulated, Siam Commercial Bank president says

26.7.2021
Dr. Arak Sutivong, CEO of SCB 10X, believes DeFi requires a framework for long-term and sustainable interactions with traditional finance

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push

25.7.2021
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...

Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024

23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...

EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets

21.7.2021
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover, “anonymous crypto asset wallets will...