Prosecutors Urge Court to Reject Sam Bankman-Fried Retrial Request
US prosecutors have asked a federal judge to deny Sam Bankman-Fried’s request for a new trial, arguing that the testimony cited by the defense does not…
Anti-Money Laundering (AML) - Page 8
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
SEC and CFTC Sign Cooperation Pact on Crypto Oversight
The SEC and CFTC signed a memorandum of understanding to coordinate oversight of crypto and other financial markets. The move aims to reduce regulatory overlap and…
Ripple Plans $750M Share Buyback in Tender Offer
Ripple is reportedly planning a $750 million share buyback through April, valuing the company at about $50 billion. The move reflects continued institutional activity around the…
Ripple Targets April for Australian Financial License Through Acquisition
Ripple plans to obtain an Australian Financial Services License through the acquisition of BC Payments Australia, expanding its regulated payments infrastructure in the region.
Kazakhstan Central Bank Plans Up to $350M Crypto-Linked Investment
Kazakhstan’s central bank plans to allocate up to $350 million from its reserves into cryptocurrency-related assets and technology firms tied to digital finance.
SEC Drops Charges Against Justin Sun as Rainberry Agrees to $10M Penalty
The SEC has dismissed its case against Justin Sun and several Tron-related entities. BitTorrent developer Rainberry agreed to pay a $10 million civil penalty as part…
Binance Reports 97% Decline in Sanctions Exposure Since 2024
Binance says its exposure to sanctioned entities has fallen sharply since 2024 as the exchange intensifies compliance investments and regulatory alignment efforts.
South Korean Regulators Face Scrutiny After Bithumb’s Massive Bitcoin Credit Error
Lawmakers in South Korea are pressuring regulators after Bithumb mistakenly credited users with 620,000 BTC, raising concerns over oversight, operational controls, and the country’s digital asset…
CFTC Asserts Federal Control Over Prediction Markets in Court Brief
The CFTC has filed a court brief claiming exclusive federal jurisdiction over prediction markets, intensifying a regulatory clash with states over event contracts and digital trading…
Polish President Vetoes MiCA Bill Again, Forcing Crypto Firms to Seek EU Licensing Abroad
Poland’s president has vetoed a second MiCA implementation bill, increasing regulatory uncertainty and pushing local crypto firms to pursue licensing in other EU jurisdictions.