Cryptocurrency news, market insight, company coverage, and practical guides related to aml.
Australian financial intelligence regulator AUSTRAC has canceled, suspended, or refused to renew 45 crypto and remittance registrations over the past year as part of an intensified crackdown on…
South Korea has fined crypto exchange Coinone $3.5 million and ordered a partial suspension over anti-money laundering violations, intensifying its regulatory crackdown on digital asset platforms.
Bithumb seeks to extend CEO Lee Jae-won’s term despite AML penalties and ongoing investigations in South Korea.
The Financial Action Task Force said peer-to-peer stablecoin transfers via self-custody wallets could bypass AML controls and heighten sanctions evasion risks.
Austria’s financial regulator has barred KuCoin’s EU entity from onboarding new customers, citing gaps in key AML and sanctions compliance roles.
Binance denied allegations of Iran-linked sanctions violations and investigator dismissals, stating an internal review with external counsel found no compliance breaches.
Dubai’s DFSA has banned privacy tokens and redefined stablecoin rules, shifting crypto asset approval responsibility to licensed firms within the DIFC.
Anti-money laundering refers to regulations and practices that aim to prevent illegal financial activity within cryptocurrency systems.
