Bank of Israel issues draft guidelines on cryptocurrency AML/CFT
Private banks could be required to conduct risk assessments on case-by-case basis.
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Consolidation and centralization: How Europe’s new AML regulation will affect crypto
With plans for a new watchdog, experts say the EU could take a more hardline position on digital assets.
Coinbase proposes crypto tech to promote global sanctions compliance
Grewal points out that laundering of fiat currency through traditional financial institutions remains the most sought-after method for evading sanctions.
What the launch of the FBI crypto task force means for the digital asset space
Consolidation of law enforcement activity sends a clear message to the industry: It is time to comply.
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies…
EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament.
Uphold becomes registered crypto-asset firm in UK post-FCA approval
A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications.
What is the importance of blockchain in the RegTech ecosystem?
RegTech enhances compliance for financial services institutions. This guide explains how blockchain works in banking to achieve this goal.
US-based crypto firms join forces for Travel Rule compliance
“We ... adding new members so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement.
Making sense of the Bitfinex Bitcoin billions
What happened with the Bitfinex hack? What does it mean now that the U.S. has the Bitcoin? Why is LEO token mooning and why is Netflix involved?