Binance applies for Taiwan AML compliance: Report
The world's leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance.
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Georgian central bank to launch AML probe into crypto firms
The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023.
Coinbase CEO hints its new layer-2 network could include AML measures
Brian Armstrong said centralized firms have a responsibility to monitor transactions and carry out AML checks.
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.
Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers.
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets.
AML and KYC: A catalyst for mainstream crypto adoption
One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.
Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."
EU officials reach agreement on AML authority for supervising crypto firms
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun.
Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation.