Tag: AML
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Thailand SEC Proposes $151K Daily Cap on Stablecoin Transfers
Thailand’s SEC proposes a $151K daily cap on external stablecoin transfers. Third-party wallet transfers would face stricter ownership verification rules. Off-platform crypto trades would require…
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Vietnam Crypto Market Advances as Five Firms Pass Exchange Review
Vietnam is moving closer to a regulated crypto market after five companies passed an initial exchange assessment, although no applicant has received a license yet.…
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Kraken Locks Customer Accounts in 12,000-Transfer Dust Attack
Nearly 12,000 tiny HTX-linked transfers triggered compliance reviews at Kraken. Kraken restored affected accounts but continues holding disputed sanctioned funds. HTX denies responsibility, leaving the…
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Vietnam Cracks Down on Illegal Crypto Trading With New Fines
Vietnam will fine users up to $1,900 for trading through unlicensed crypto platforms. New rules strengthen AML, KYC, licensing, and enforcement across crypto businesses. Regulated…
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South Korea Tightens Crypto Travel Rule to Track Smaller Transfers
South Korea seeks Travel Rule coverage for smaller crypto transfers globally. FIU targets AML loopholes created by transaction splitting and smurfing. New rules will require…
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Sri Lanka’s First Crypto Rulebook Is Finally Taking Shape
Sri Lanka is preparing a legal framework for crypto and virtual assets. The law aims to close a legal vacuum and protect citizens from scams.…
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South Korea’s Forex Law Shakeup Could Reshape Crypto Trading
South Korea passed a bill bringing crypto providers under the Foreign Exchange Transactions Act. Crypto service providers must now register with the Finance Minister for…
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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 boxes. New…
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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 asset…
