Anti-Money Laundering
FATF Crypto Guidance Looks to Bring Industry in Line With Banks
The Financial Action Task Force (FATF), a global anti-money laundering (AML) agency, has released its updated guidance for firms that handle crypto and virtual assets. “The Hash” team discusses the key takeaways and implications for the future of DeFi regulation.
UK Regtech Firm ComplyAdvantage Adds Elliptic to Its Crypto Compliance Suite
ComplyAdvantage is already working with crypto firms like Paxos and Gemini, but mainly on the fiat AML side of things.
FATF Will Finally Publish Crypto Anti-Money Laundering Guidance Next Week
President Marcus Pleyer said the watchdog now expects countries to implement its “Travel Rule” guidance as soon as possible.
Upbit to Tighten Restrictions on Non-Verified Customers in South Korea
Restrictions will kick in on Wednesday to meet the country’s anti-money laundering laws.
Binance Appoints Former US Treasury Enforcer to Anti-Money Laundering Role
Binance has named former U.S. Treasury enforcement investigator Greg Monahan as its global money laundering reporting officer. The appointment comes as the crypto exchange is attempting to be more proactive in its regulatory compliance. Where is it headed next?
Binance Appoints Former US Treasury Enforcer to Anti-Money Laundering Role
Greg Monahan joins the crypto exchange with 30 years' experience in government service, mostly as a U.S. Treasury criminal investigator.
Fundamentally Incompatible: How the Proposed Crypto Tax Rules Miss the Mark
A late addition to the infrastructure bill moving through Congress would impose impossible reporting requirements on miners and wallets.
Indian Authorities to Question Binance on Laundering of Betting Proceeds: Report
The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months.
Israeli Bill Would Force Crypto Investors to Report Holdings Above $61K
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.
What a Gory New Horror Film Teaches Us About Financial Censorship
Much like the deranged lead of "Censor," financial regulators are deluding themselves that centralized control will lead to a crime-free utopia.
