An official report from the leading crypto exchange in Singapore Crypto.com revealed that the firm received the approval of virtual
Category: Anti-Money Laundering
Central Bank of Georgia Set to Launch AML Investigations on Crypto Firms
A statement issued by the Georgian authority reveals that the crypto-friendly country in the Soviet bloc plans to supervise crypto
Japanese Authority Set to Implement Tough Anti-Money Laundering Measures in June
On May 23, the Japanese regulators agreed to implement the Anti-Money Laundering (AML) regulations, commonly known as the travel rule,
Former OpenSea Product Manager Convicted for NFT Insider Trading
On May 3, the New York Federal Court issued a report on the conviction of OpenSea ex-manager Nathaniel Chastain. The
Hong Kong Regulators Request Banks to Support Crypto Firms in Account Opening
On Thursday, the Hong Kong Monetary Authority (HKMA) requested the local financial providers to offer banking services to crypto firms.
German Authorities Shut Down ChipMixer for Money Laundering and Other Illegal Activities
Financial regulators in Germany have shut down ChipMixer. It was a platform where investors can make anonymous cryptocurrency transactions and
What is KYC? – How Centralized Crypto Exchanges Prevent Money Laundering
If you have used a centralized crypto exchange, it is likely that you performed a KYC (Know-Your-Customer) check when signing
Federal Police Pull Down “Dark Web Crypto Laundromat,” Seize Over $40m in BTC
On Wednesday, US and Europe authorities shut down a crypto mixer reportedly utilized by criminals on the dark web to
BitMEX’s Ex-CEO Arthur Hayes Faces Two Year Probation
Putting an end to the long-awaited ruling linked with the money laundering operations over the crypto exchange called BitMEX, one
RBI Echoes Concerns about Private Cryptocurrencies
The report reveals that stablecoins might support efficient, inclusive, and faster payment options if appropriately regulated and well-designed. The Reserve