Tag: AML
Regulations
Australia Names Crypto Biggest Risk in Money Laundering Crackdown
Australia labels crypto a top risk in the biggest money laundering crackdown ever.AUSTRAC shifts focus toward real risks, not just checking compliance...
News
Taiwan FSC Drafts New AML Rules for Crypto Firms
Taiwan’s Financial Supervisory Commission (FSC) has drafted new anti-money laundering (AML) regulations for cryptocurrency firms following recent legal amendments. These regulations mandate that virtual...
Altcoin News
FATF’s Proposed AML Standards Could Put an End to Bitcoin Usage by the Islamic State and Other Terrorist Groups
Recently, the Assistant US Treasury Secretary and President of the Financial Action Task Force (FATF), Marshall Billingslea, expressed his concern on behalf of the entire...
Bitcoin News
Chinese Bitcoin Exchanges Inch Closer To Resuming Withdrawals
It appears the Chinese bitcoin exchanges still have some work cut out for them. Even though things are set in motion to resume bitcoin...
Altcoin News
AML Regulations for European Bitcoin Exchanges – European Commission
The European Union is at it again! The European Commission is looking forward to put an end to anonymous cryptocurrency trading activities in the...
Bitcoin News
Cryptonit Introduces Credit Card Deposits on Its Platform
Cryptonit, the UK based cryptocurrency platform has announced its latest offering. The cryptocurrency industry veteran since 2002 has now enabled its users to make...
Bitcoin News
Elliptic May Convince Banks to Support Bitcoin
It is time for banks to have a friendly view towards bitcoin. Banking sector has always been a bit sceptical about bitcoin, mainly due...
Bitcoin News
Final Version of BitLicense Is Out. Not Many Impressed
Ben Lawsky’s much awaited BitLicense update in finally out. The final version of licensing regulations for Bitcoin and other cryptocurrency related businesses, better known...
Bitcoin News
itBit — the First Company to Receive BitLicense
While the controversial BitLicense is about to be finalized later this month by the New York Department of Financial Services, itBit has become the first...
Altcoin News
Ripple Labs Almost Ripped Apart by FinCEN
Ripple Labs Inc., the creators of Ripple Protocol, known for their cryptocurrency and virtual currency exchange services has been slapped with a $700,000 fine...
