AML
CipherTrace Wants to Introduce DEXs to Sanctions Compliance
The new tool uses an oracle on Chainlink to spot crypto wallet addresses on government watchlists.
UK Crypto Companies Now Have to Submit Financial Crime Reports
The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000.
Russia to Track Bitcoin Cash-Outs: Report
Russia's anti-money laundering agency is going to identify and track down bitcoin-to-fiat sales, the government official said.
South Korean Crypto Exchange OKEx to Shut Down
OKEx, one of South Korea’s largest crypto exchanges, announced it will close down due to new anti-money laundering (AML) guidelines that would make it too difficult to continue operating. “The Hash” panel breaks down what new Financial Action Task Force (FATF) draft guidelines might mean for the wider crypto world.
Crypto Exchange OKEx Korea to Close as New AML Rules Come Into Force
An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.
Central Bank of Ireland Expands Anti-Money Laundering Regime
The new requirements take effect in April.
UK Crypto Trade Group Calls for Action Over Chronic Delays to FCA Registrations
Only four out of 200 crypto businesses' applications to the FCA's Money Laundering Registration regime have seen a decision, said CryptoUK.
Blockchain Sleuth Says OKEx, Huobi Stonewalled Him in Child Porn Investigation
"Why would an exchange or any service in this industry that's claiming to want to do the right thing refuse to speak at all?" says CipherBlade's Rich Sanders.
Seychelles, Longtime Home of BitMEX, Is Bending to US Pressure on KYC
When it comes to island-hopping crypto exchanges with relaxed know-your-customer rules, BitMEX could be just the tip of the iceberg.
Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
Hong Kong-based crypto exchange CEO Global said Saturday one of its founders has been taken away by the authorities.
