Terrorist Financing
Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges
Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.
UK Crypto Exchanges Pose Low Money Laundering Risk, Says Global Watchdog
Crypto exchanges in the U.K. pose a “low” risk for money laundering and terrorist financing, says a report from the Financial Action Task Force.
US Lawmakers Move Forward on Crypto Task Force Proposal
The U.S. House of Representatives has reconsidered a proposed federal task force to investigate cryptocurrencies' use in financing acts of terror.
Crypto Use A 'Fringe Activity' Among Terrorists, Says Think Tank
Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
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.
European Commission Seeks More Customer Data from Bitcoin Services
The European Commission has said that it plans to tighten reporting standards for digital currency exchanges in the region.
