Anti-Money Laundering
Mriganka Pattnaik, Merkle Science: ‘Compliance Is an Evergreen Space'
The co-founder of the Singapore-based company wants to build a safer crypto ecosystem, all while giving early crypto industry players the tools they need to do so responsibly.
What's the Crypto 'Travel Rule,' and What Does It Mean for You?
The measure is essential to prevent bad actors from using digital assets to launder money. It affects everyone who dabbles in cryptocurrencies from exchanges to everyday investors.
Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says
Mairead McGuinness promised a role for banks in distributing the CBDC, as a consultation presages legislation earlier next year.
Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them
Modern know-your-customer, anti-money laundering regulations are ineffective; crypto represents a better option to address this problem.
Small Digital Euro Payments Won’t Need Laundering Checks, ECB Official Says
The proposals regarding the potential future central bank digital currency come as lawmakers prepare to scrap anonymous bitcoin payments.
Crypto Providers Would Have to Swap Transaction Details Under OECD Tax-Dodging Proposal
Details of overseas crypto holdings would be shared with home tax authorities under the planned extension of rules intended to bust financial secrecy.
Bitcoin Mixers: How Do They Work and Why Are They Used?
Bitcoin offers pseudonymity to users by design. But in order to be completely anonymous, you’ll need to use tools like bitcoin mixers.
Italy Formally Lays Out Crypto Firms' New AML Requirements
The rules lay out registration and reporting requirements for virtual asset service providers.
FATF Publishes Crypto Anti-Money Laundering Guidance
The Financial Action Task Force (FATF) has published its revised guidance for crypto firms, further clarifying the definition of Virtual Asset Service Providers (VASPs), DeFi, stablecoins, and NFTs. Association of Certified Anti-Money Laundering Specialists (ACAMS) Executive Director Rick McDonell discusses the world of crypto and anti-money laundering (AML), breaking down the key points of the recommendations.
FATF Crypto Guidance Looks to Bring Industry in Line With Banks
The message from the regulator is countries have to implement these standards now.
