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Nalezeno "Anti Money Laundering": 293

Crypto travel rule implementation ‘remains relatively poor,’ says FATF

26.6.2023
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation

Google launches ‘Anti Money Laundering AI’ after successful HSBC trial

22.6.2023
Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale

Apple and Goldman Sachs Don’t Trust Their New Banking Customers

2.6.2023
“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects

UAE's Central Bank Introduces New Anti-Money Laundering Guidance for Crypto Businesses – Here's the Latest

1.6.2023
The UAE’s Central Bank just introduced new anti-money laundering (AML) and counter-terrorism financing guidelines for crypto businesses and financial institutions handling digital assets, according to an announcement on Wednesday. The new guidance applies to all licensed financial institutions...

Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity

26.5.2023
Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the crypto exchange Zondacrypto, has said. Kral also...

Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June

25.5.2023
Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the field. Japan to Enforce Legislation Allowing...

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

24.5.2023
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers

Japan’s crypto anti-money laundering measures to start in June: Report

24.5.2023
The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”

Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests

22.5.2023
The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco

Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules

11.5.2023
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset...

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior

8.5.2023
Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line

22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime

12.4.2023
June 7-8, 2023 | Toronto The Canadian Institute (CI) is excited to announce the return of the 22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime. This flagship event brings together Canada’s prominent regulators, and industry thought leaders from the financial institution...

FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers

1.4.2023
FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer...

From Bat-Signal to Bitcoin: Projecting 'Orange Pill' on banks as EU drives crypto regulation

30.3.2023
The Bitcoin logo lights up on the European Central Bank building in Frankfurt as Bitcoiners urge bankers to ‘study Bitcoin.’

European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?

29.3.2023
The European Parliament on Tuesday approved new rules that aims to prevent crypto from being used for money laundering purposes. The most important part of the new legislation for crypto users is new a €1,000 ($1,080) cap on anonymous crypto transactions, meaning transactions that are made between...