Anti-Money Laundering Archives

AML-compliant jurisdictions doubled in last 10 years, but FATF says more work to be done

-

22 April, 2022

AML-compliant jurisdictions doubled in last 10 years, but FATF says more work to be done

Lenders and money service businesses, including digital asset exchanges, had the poorest understanding among financial institutions, according to the Financial...

Bank of Israel issues draft guidelines for digital asset AML, CFT

Business

Steve Kaaru

-

18 March, 2022

Bank of Israel issues draft guidelines for digital asset AML, CFT

The central bank’s guidelines will potentially open up the banking system to the nascent sector, with banks not allowed to...

BitMEX exec Samuel Reed pleads guilty to Bank Secrecy Act violations, faces 5 years in jail

Business

Steve Kaaru

-

15 March, 2022

BitMEX exec Samuel Reed pleads guilty to Bank Secrecy Act violations, faces 5 years in jail

Samuel Reed, along with Arthur Hayes, Benjamin Delo, and Greg Dwyer, are accused of knowingly operating a BTC trading platform...

EU to give digital asset oversight to new AML regulatory body: report

Business

Steve Kaaru

-

1 March, 2022

EU to give digital asset oversight to new AML regulatory body: report

Germany will lead the formation of the new body and it’s expected to start operations in 2024, including oversight over...

Binance knowingly ignored AML, KYC checks and Changpeng Zhao knows it: report

Business

Steve Kaaru

-

28 January, 2022

Binance knowingly ignored AML, KYC checks and Changpeng Zhao knows it: report

A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering...

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Business

Steve Kaaru

-

5 January, 2022

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to...

Binance unit in Turkey hit with fine over AML non-compliance

Business

Steve Kaaru

-

28 December, 2021

Binance unit in Turkey hit with fine over AML non-compliance

The Financial Crimes Investigation Board (MASAK) imposed a fine of 8 million lira ($750,000) on Binance’s local unit BN Teknoloji...

Responsible gaming on blockchain—why it’s a win for gambling operators and regulators too

Editorial

Nick Hill

-

22 December, 2021

Responsible gaming on blockchain—why it’s a win for gambling operators and regulators too

With regulators taking an increasingly tight line on compliance, gambling operators are now expected to run KYC and AML checks...

kompany to be acquired by Moody’s in 2022

Interviews

Patrick Thompson

-

22 December, 2021

kompany to be acquired by Moody’s in 2022

Austria-based kompany has entered into a definitive agreement to be acquired by Moody’s Analytics, which provides financial intelligence and analytical...

Israel to impose new AML rules on digital currencies

Business

Steve Kaaru

-

22 November, 2021

Israel to impose new AML rules on digital currencies

Israel will extend the anti-money laundering and combating the financing of terrorism rules to digital currencies to deter crime and...

Could Taproot’s ‘privacy’ features make BTC illegal?

Business

Jon Southurst

-

12 November, 2021

Could Taproot’s ‘privacy’ features make BTC illegal?

The Taproot “upgrade” moves BTC even further away from the original 2009 Bitcoin protocol and enables participants in a contract...

US Department of Justice hiring new director of digital currency enforcement

Business

Ed Drake

-

5 November, 2021

US Department of Justice hiring new director of digital currency enforcement

The National Cryptocurrency Enforcement team, comprised of AML and cybersecurity experts, will enforce anti-money laundering and other laws around digital...

Anti-Money Laundering

Recent

Trending

Most Views