ECB Endorses Centralized Crypto Oversight Across the EU
The European Central Bank has endorsed a proposal to centralize crypto oversight under ESMA, signaling a major shift in how digital asset firms are regulated across…
Anti-Money Laundering (AML) - Page 7
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
Coinbase Eyes Stock Trading Expansion in Australia After Securing License
Coinbase plans to expand into stock trading and traditional finance products in Australia after securing a key financial services license.
Alabama Grants Legal Status to DAOs Under DUNA Act
Alabama becomes the second US state to grant legal recognition to DAOs, offering liability protections and a formal legal framework.
Chainalysis Unveils AI-Powered Blockchain Intelligence Agents
Chainalysis introduces AI-driven blockchain intelligence agents to enhance investigations, compliance, and crypto security workflows.
US Labor Department Proposes Opening 401(k)s to Crypto Investments
The US Labor Department proposes allowing crypto and other alternative assets in 401(k) plans, following a Trump executive order.
Tether Taps KPMG for USDT Audit, Engages PwC Ahead of US Expansion
Tether hires KPMG for its first full USDT audit and brings in PwC as it prepares for U.S. expansion and potential fundraising.
Senators Reach Compromise on Stablecoin Yield to Advance Crypto Bill
US senators strike a tentative deal on stablecoin yield, potentially clearing a major hurdle for advancing crypto market structure legislation.
Citigroup Cuts Bitcoin and Ether Price Targets as US Crypto Legislation Stalls
Citigroup lowered its 12-month price targets for Bitcoin and Ether, citing weaker network activity and delays in US crypto legislation despite continued ETF inflows.
South Korea Police Draft Crypto Seizure Rules After Custody Lapses
South Korea’s National Police Agency is drafting new guidelines for handling seized cryptocurrencies as authorities seek stronger custody procedures.
DeFi Lobby Drops Airdrop Lawsuit Against SEC After Regulatory Shift
The DeFi Education Fund and Beba have withdrawn their lawsuit against the SEC over crypto airdrops, citing a changing regulatory stance and ongoing work by the…