The Association of Cryptocurrency Enterprises and Startups, Singapore, has partnered with global law firm Linklaters on a new Code of Practice
Category: AML
FinCEN Director Addresses Casino Compliance With Obligations Regarding Crypto
FinCEN director Kenneth Blanco points out a gap in reporting by casinos on suspicious crypto-related activity
CoinGecko Joins AMLT Network to Combat Exchange Fraud, Scams, Hacks
CoinGecko has joined a blockchain analytics network focused on AML data in part to better its Trust Score algorithm for exchanges
What Are the Biggest Alleged Crypto Heists and How Much Was Stolen?
Mysterious deaths, royal connections and billions in stolen crypto, here’s how the biggest alleged exit scams line up
EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive (AMLD5) […]
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Can the Fed Kill Bitcoin? Navigating the Chokepoints of Tax Law and KYC
Taxes. The one word that can kill any buzz in seconds flat. Whether you’re a libertarian ranting about how taxation is theft or one of those fabled creatures who is actually happy to file them as their so-called civic duty, one fact remains: those who don’t give the government a bite — or make mistakes […]
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BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging
The U.S. has filed a new indictment in an ongoing tug-of-war with Russia over the fate of the accused BTC-e operator
SBI Holding’s VC Trade Crypto Exchange Integrates New KYC and AML Tech
Japanese VC Trade has adopted CoolBitX’s Sygna, a know-your customer and anti-money laundering compliance technology focused on digital currency transactions
Czech Republic to Impose Stricter Crypto Regulations than EU Requires
Czech regulators plan to impose a fine of up to half a million euros on crypto firms should they fail to register their operations with the national Trade Licensing Office
Thailand Gov’t Will Amend AML Laws to Regulate Cryptocurrency
An official of the Thai Anti-Money Laundering Office announced that it will amend its regulation to prevent crypto use for illicit activities