Tag: AML

The European Commission is now laying the necessary groundwork for the introduction of a digital euro. Notably, the commission has issued a call for ideas that would enable it to ...

Barely a week after a possible ban on Proof-of-Work (PoW) digital assets was dropped from the European Union’s prospective MiCA infrastructure, which is a new threat to the crypto space ...

The chief of the United Kingdom's National Crime Agency (NCA) has alleged that coin mixing services provide a layer of anonymity and protection to the criminals who want to launder ...

The provider of intelligently automated Know Your Customer (KYC) solutions, Encompass Corporation, on March 14 announced the completion of a successful capital raise of 25 million pounds. One major Australian ...

On December 17, Britain's financial regulator said that it had fined HSBC (HSBA.L) 63.95 million pounds ($85.16 million) for failing in its anti-money laundering (AML) processes. The Financial Conduct Authority ...

Invesco has confirmed that it is launching a Bitcoin ETP designed for sophisticated investors. The new Invesco Physical Bitcoin ETP will be 100% backed by the holdings in the underlying ...

Israel has allegedly enacted new rules and regulations that are related to the crypto sector to combat different criminal activities like terrorism financing and money laundering. The government is now ...

Bitcoiner Allan Flynn has reportedly settled his first complaint with the Australia and New Zealand Banking Group (ANZ) for being unilaterally debanked in 2018 as a result of his occupation ...

Strict Anti-Money Laundering (AML) laws in the United Kingdom seem to be creating huge operational hurdles for the crypto companies operating in the country. The inability to satisfy AML standards ...

Questions surrounding crypto assessments have gained momentum in recent months, and that has brought some nuanced issues in assessing cryptocurrencies’ place in mergers and acquisitions (M&A). Fintech, crypto, mergers, and ...