South Dakota Lawmaker Revives Proposal to Allow State Bitcoin Investment
A South Dakota legislator has reintroduced a bill that would allow the state to allocate up to 10% of certain public funds to Bitcoin, reflecting a…
Anti-Money Laundering (AML) - Page 6
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
YZi Labs Backs BitGo IPO with Strategic Investment
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.
Hong Kong Industry Group Pushes Back on Proposed Crypto Licensing Rules
A Hong Kong securities industry body has warned that proposed licensing changes for crypto asset management could raise compliance costs and discourage traditional fund managers from…
Coinbase CEO Engages Banks on US Crypto Market Structure Bill
Coinbase CEO Brian Armstrong plans to meet banking executives at the World Economic Forum as negotiations over the stalled US crypto market structure bill shift from…
One Year after Gensler Exit, SEC’s Crypto Playbook Shifts under Trump
A year after Gary Gensler’s resignation, the SEC has significantly altered its approach to cryptocurrency, dropping key enforcement actions and restructuring leadership.
India Strengthens Crypto Exchange Rules to Combat Financial Crime
India’s financial intelligence agency has introduced stricter identity and transaction verification requirements for cryptocurrency exchanges to curb money laundering and terrorism financing.
China Intensifies Policy Coordination to Curb Stablecoin and Crypto Payments
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
MoonPay Secures New York Trust Charter, Bolstering Regulated Crypto Infrastructure
The creation of MoonPay Trust Company is a clear indication of MoonPay's focus on institutional and enterprise customers.