Anti-Money Laundering Archives

Mexico reiterates reporting requirements for digital asset firms

-

25 August, 2021

Mexico reiterates reporting requirements for digital asset firms

Digital currency firms must report any transaction that exceeds $87,000 to regulators, whether the firm is registered locally or under...

Taproot: Centralized changes put every BTC user at risk

Business

Jordan Atkins

-

10 August, 2021

Taproot: Centralized changes put every BTC user at risk

What the Taproot update does is make the responsibility for laundered coins to fall more broadly on the shoulders of...

Israel new draft bill seeks reporting for digital currency holdings above $61K

Business

Steve Kaaru

-

2 August, 2021

Israel new draft bill seeks reporting for digital currency holdings above $61K

The bill is seeking to increase the amount of tax the Israeli government collects from the industry, but several leaders...

EU’s ban on anonymous digital currency transfers—a deep dive

Business

Gavin Lucas

-

28 July, 2021

EU’s ban on anonymous digital currency transfers—a deep dive

With the implementation of the digital euro, digital identities linked to wallets, and new regulations allowing for increased oversight and...

EU to ban anonymous digital currency transfers

Business

Gavin Lucas

-

23 July, 2021

EU to ban anonymous digital currency transfers

Policymakers in the European Union proposed that all companies that transfer BTC and other “crypto-assets” must collect details of the...

South Korea FSC: Overseas exchanges must register with AML body

Business

Steve Kaaru

-

16 July, 2021

South Korea FSC: Overseas exchanges must register with AML body

The head of the Financial Services Commission said that these exchanges must comply with the revised laws that requires exchanges...

Bitonic regulatory clash shows power of FATF

Business

Jordan Atkins

-

14 July, 2021

Bitonic regulatory clash shows power of FATF

The Dutch central bank has taken a U-turn on KYC and AML requirements it had imposed on digital asset providers,...

Robinhood Crypto to pay NY regulator $15M fine in anti-money laundering probe

Business

Steve Kaaru

-

12 July, 2021

Robinhood Crypto to pay NY regulator $15M fine in anti-money laundering probe

In a regulatory filing with the U.S. Securities and Exchange Commission, the company revealed it’s facing the penalties over issues...

FinCEN hires Michele Korver as first ‘chief digital currency advisor’

Business

Steve Kaaru

-

9 July, 2021

FinCEN hires Michele Korver as first ‘chief digital currency advisor’

Michele Korver joins the federal agency after a run at the U.S. Department of Justice where she was instrumental in...

UK licensing proves too strict as 13 more digital currency firms withdraw applications

Business

Ed Drake

-

1 July, 2021

UK licensing proves too strict as 13 more digital currency firms withdraw applications

Digital currency businesses looking to operate in the United Kingdom are reportedly finding the licensing terms set out by the...

US Department of Justice seeking to hire digital currency trial lawyer

Business

Steve Kaaru

-

30 June, 2021

US Department of Justice seeking to hire digital currency trial lawyer

In its job post, the department outlined that the successful applicant will serve as an expert on digital currencies and...

Anti-money laundering a digital currency priority for US Treasury nominee

Business

Ed Drake

-

25 June, 2021

Anti-money laundering a digital currency priority for US Treasury nominee

In his confirmation hearing before the Senate Banking Committee, Brian Nelson said he would make implementing new anti-money laundering legislation...

Anti-Money Laundering

Recent

Trending

Most Views