An advanced report issued by the Financial Conduct Authority (FCA) revealed that crypto exchanges and businesses in the UK would
Category: Anti-Money Laundering
Checkout.com Terminates Partnership with Binance, Cites Compliance Concerns
A recent update revealed that London’s prominent credit card processor has cut ties with Binance, the world’s largest crypto exchange.
TRM Labs Estimates North Korean Hackers Stole $2B of Crypto Assets From 2018
A report issued by the blockchain intelligence firm TRM Labs revealed that the North Korean illicit group stole crypto assets
US Banking Advocacy Group Supports Senator Warren’s Anti-Money Laundering Bill
In a recent report, the US banking advocacy group led by the Bank Policy Institute (BPI) supported a crypto bill
South Korea Launches Interagency Investigation Unit and Adopts LEI to Tackle Crypto Crimes
On Wednesday, July 26, the South Korean authority rolled out an interagency investigation department. The newly launched regulatory body will
Palau Launches USD-Backed Stablecoin Pilot Testing
An announcement conveyed by the government of Palau revealed that the regulatory agencies had been granted legal authority to proceed
UK Government Rejects Treasury Committee Proposal to Regulate Crypto as Gambling
On Thursday, July 20, the government of the United Kingdom rejected a bill submitted by the Treasury Committee seeking regulators
UK Financial Watchdog Shuts Down 26 ATMs to Address Illegal Crypto Activity
In a well-coordinated regulatory action, the Financial Conduct Authority (FCA) collaborated with other enforcement units to combat money laundering and
Namibian Regulators Green Lights Crypto and Digital Assets Bill
In an official publication issued by the lower house of the Namibian parliament, the policymakers granted their final nod on
Japanese Regulators Exempts Token Issuers from 30% Crypto Tax on Paper Gains
An official publication from the Japanese National Tax Agency (NTA) revealed that the regulator would introduce a new taxation regime