AML
A G20 Crypto Policy? Let's Hope It's a Pipe Dream
The world's economic leaders are seeking a globally coordinated policy on cryptocurrencies. This could take a while. But that may be just as well.
Korean Regulators to Probe Bank AML Measures for Crypto Exchanges
Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.
Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies
The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.
Customer ID Now Required for Crypto Exchange Purchases in Malaysia
Malaysia's central bank is now requiring domestic crypto exchanges to comply with anti-money laundering and know-your-customer mandates.
Bank of America Now Considers Crypto a Business Risk
The bank warns its investors that cryptocurrencies could hamper its ability to comply with anti-money-laundering regulations, among other dangers.
The Downside of Tracking Bitcoin on the Blockchain
Tracking funds on the blockchain may help catch crooks, but such snooping undermines one of the most important characteristics of money: Fungibility.
Sanctions Showdown Looms for US and Cryptocurrency
If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.
When Crypto Exchanges Hold More Than Your Money
Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.
Here's What's Standing in the Way of a Tokenized Economy
The challenges of digital identity, AML/KYC and common technical standards must be overcome to deliver on the promise of blockchain technology.
US Congressman: Cryptocurrencies Need Tighter Rules
During a speech Friday, a member of US Congress called for tighter anti-money laundering controls for cryptocurrencies.
