South Korea Fines Bithumb over Misrouted Overseas User Data
A regulatory probe revealed that Bithumb rerouted user data to BingX instead of the consented Stellar exchange, while also failing to secure explicit consent for AML-driven…
Anti-Money Laundering (AML) - Page 5
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
What Ripple’s ‘Something Special’ IPO Comment Actually Means for XRP Holders
Amid community hype regarding a mandatory token reward or buyback plan, an analysis of Ripple’s corporate framework shows why equity and digital tokens remain strictly siloed…
US Senate Passes Bipartisan Housing Bill with Embedded CBDC Ban Until 2030
In a decisive 85-5 vote, the US Senate advanced a massive housing affordability package containing a critical regulatory provision that blocks the Fed from developing a…
Morgan Stanley Underbids Rivals in New Ethereum, Solana ETF Filings
Morgan Stanley aims to aggressively disrupt the crypto ETF landscape with record-low 0.14% sponsor fees for its upcoming Ethereum and Solana trusts.
WhiteBIT Secures Critical Austrian MiCA License Ahead of Hard July Cutoff
Clearing the regulatory hurdle just two weeks before the final July 1 deadline, WhiteBIT consolidates its European footprint and plans the launch of a dedicated, fully…
UK Regulator Warns Soccer Clubs Over Sponsorship Deals with Unauthorized Crypto Firms
The UK's financial watchdog has instructed sports clubs to assess financial crime and reputational risks, warning that illicit sponsorship funds could violate the Proceeds of Crime…
Tether Partners with Government of Georgia to Launch Sovereign-Backed GEL₮ Stablecoin
Tether is collaborating with Georgia to launch GEL₮. The initiative leverages a progressive local regulatory framework designed to create a secure, compliant bridge for digital commerce.
Anchorage and Chainlink-Backed Crypto PAC Reveals Bipartisan Endorsements for 2026 Midterms
With the 2026 midterm elections heating up, the crypto industry is actively mobilizing capital. The hybrid Blockchain Leadership Fund PAC has announced a bipartisan slate of…
Bitcoin Depot Files Chapter 11, Permanent Liquidation Shuts Down 9,000 Crypto ATMs
Citing an unsustainable business model crushed by transaction limits, strict compliance laws, and a multi-million dollar hack, Bitcoin Depot has taken its entire global kiosk network…
Kraken Slashes Headcount Amid AI Efficiencies, Threatening to Push Back 2026 IPO Plans
Payward Inc., the parent company of Kraken, has trimmed roughly 5% of its workforce, blaming AI-driven operational efficiencies. The corporate realignment comes despite an aggressive $2.6…