Anti-Money Laundering
UK Regulator FCA Extends Registration Deadline for Crypto Businesses
The Financial Conduct Authority is concerned about the high number of businesses not meeting its anti-money laundering standards.
Hong Kong Government Proposal on Licensing Crypto Firms Ends Consultation Period
The government plans to introduce licensing for virtual asset service providers.
Diginex Arm Becomes First Stand-Alone Crypto Custodian Approved by UK Financial Watchdog
Th firm hopes FCA approval will make it more attractive to institutional investors.
Report Says Enforcing KYC and AML Laws Key to Reducing Ransomware Attacks
Ransomware attacks are becoming increasingly common, and hackers often use cryptocurrencies to escape the eyes of the law. A new report published by the Ransomware Task Force suggests that by increasing know-your-customer (KYC) and anti-money laundering (AML) laws, ransomware attacks can be reduced, but is this really the case? “The Hash” panel debates.
Colombia’s Crypto Use Soars, and Local Regulators Step In
The Colombian government is implementing new anti-money laundering laws with local exchanges.
Where Are The Regulatory Risks for Crypto?
This weekend's crypto volatility was blamed on Twitter rumors, but what impact would an actual regulatory crackdown have on the crypto markets? Perianne Boring, the Digital Chamber of Commerce founder, breaks down the potential regulatory risks, including anti-money laundering statutes and tax compliance on the crypto sphere. Plus, an update on the organization's efforts to educate thought-leaders in government, business, and media.
Coinbase Taps Morgan Stanley Lawyer to Head Enterprise Compliance
Ian Rooney clocked almost 10 years at Morgan Stanley.
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.
Payments Firm Wirex Pauses New Customer Onboarding on FCA Orders
The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.
