Trump on Binance Hack’s North Korea Link: “We Don’t Know”
Trump says the US is examining a possible North Korean link to Binance’s $6.3 billion hack, without confirming who was responsible or that funds were recovered.
Anti-Money Laundering (AML)
Anti-money laundering (AML) refers to laws, regulations, and procedures designed to prevent the use of financial systems for illegal activities such as money laundering and terrorist financing. In the crypto context, AML measures require exchanges and service providers to monitor transactions and report suspicious activity. These rules often include identity verification, transaction tracking, and compliance reporting. AML frameworks aim to reduce financial crime while allowing legitimate use of digital assets. Requirements vary by jurisdiction and are enforced by regulatory authorities.
Latest Anti-Money Laundering (AML) News
CFTC Chief Says Your Fridge Could Buy Groceries With Crypto Earnings
Michael Selig imagines appliances spending crypto earnings and raises “Know Your Agent” questions about identity, liability and autonomous trading.
Bessent Backs SEC and CFTC Crypto Rules After CLARITY Act Setback
Scott Bessent backs SEC and CFTC action after the CLARITY setback, while arguing that dollar stablecoins can expand demand for…
Crypto Executives Give Over $56M in US Midterm Cycle, Reuters Finds
Reuters’ review of federal filings highlights political donations from the Winklevoss twins, Chris Larsen, Brian Armstrong and Mike Novogratz.
Bank of Israel Rejects Netanyahu’s Crypto Sanctions Workaround
The Bank of Israel rejects crypto as a sanctions workaround. Netanyahu says it remains one option, but acknowledges that it may never be used.
Switzerland Approves First Spot Bitcoin ETF for Retail Investors
FINMA has approved Switzerland’s first retail fund holding Bitcoin directly, while the provider, fees and trading launch remain undisclosed.
Bitget Moves to Buy GMO’s Thai Crypto Exchange
Bitget is linked to the buyer of GMO’s Z.com EX operator in Thailand, with the acquisition still awaiting regulatory approval and financial terms undisclosed.
Michael Saylor: Crypto Adoption Does Not Guarantee Token Gains
At ParaFi Investor Day, Michael Saylor separated crypto adoption from token returns and outlined his vision for Bitcoin-backed digital money.
Thailand’s Bitcoin and Ether ETF Rules Take Effect
Thailand’s domestic crypto ETF framework is now in force, setting rules for Bitcoin and Ether funds, local custody and investor access.
Hyperliquid Labs’ Jeff Yan Urges US Oversight of Market Operators
Hyperliquid Labs founder Jeff Yan says US regulation should focus on firms operating markets, while the blockchain serves as shared trading infrastructure.