Ripple Executive Links CLARITY Act to US Job Growth Ahead of Senate Vote
Ahead of a critical Sept. 15 Senate cloture vote, Ripple's Stuart Alderoty linked the CLARITY Act to US employment growth, backed by an industry report modeling…
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
XRP ETF Filing Raises Questions Over Ripple Escrow Language and Legislative Triggers
An amended SEC filing by Cryptex Finance for its multi-asset ETF claims Ripple could release extra XRP from escrow upon passage of the CLARITY Act, sparking…
Revolut Begins Phased Rollout of MiCA-Compliant EURR Euro Stablecoin
Revolut has introduced EURR, a euro-backed stablecoin issued by Stripe-owned Bridge, to 2 million retail users across three European markets, marking its first step toward a…
Thailand SEC Advances Draft Regulations for Spot Bitcoin and Ether ETFs
Thailand’s Securities and Exchange Commission has moved its spot crypto ETF framework into the draft regulation stage, opening public consultations on single-asset Bitcoin and Ether funds…
Gemini Enables Native XRP Ledger Transfers for Singapore Customers
Gemini has expanded its digital asset services in Singapore by enabling native XRP Ledger deposits and withdrawals, moving beyond simple trading and custody support as part…
Germany Widens MiCA Lead as Latest EU Register Update Adds 6 Cooperative Banks
Germany has expanded its lead as the primary European Union destination for authorized crypto asset service providers after six cooperative banks secured approval under the EU’s…
ECB Defends Digital Euro Privacy Protections Amid Global CBDC Scrutiny
European Central Bank official Piero Cipollone highlighted the digital euro’s privacy design, asserting that the Eurosystem will not track user transactions as global CBDC scrutiny intensifies.
MiCA Cracks Down on USDT in Europe, but Global Demand Remains Unshaken
As European exchanges delist Tether's USDT to comply with the EU’s MiCA framework, global demand for the world's largest stablecoin remains robust, driven by deep liquidity…
White House Adviser Bullish on CLARITY Act Ahead of September Senate Vote
White House crypto adviser Patrick Witt expressed optimism regarding the CLARITY Act’s prospects ahead of a critical September 15 Senate vote, despite ongoing disputes over stablecoin…
Treasury Seeks Public Comment on GENIUS Act Proposed Rulemaking
The US Department of the Treasury issued a Notice of Proposed Rulemaking to implement the GENIUS Act, opening a 60-day public comment window on stablecoin issuance…