Bitcoin Depot Mandates ID for All Crypto ATM Transactions
Bitcoin Depot will require identification for every transaction at its crypto ATMs, tightening compliance amid rising regulatory scrutiny over fraud and money laundering.
Bitcoin Depot will require identification for every transaction at its crypto ATMs, tightening compliance amid rising regulatory scrutiny over fraud and money laundering.
Austria’s financial regulator has barred KuCoin’s EU entity from onboarding new customers, citing gaps in key AML and sanctions compliance roles.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.
Binance says its exposure to sanctioned entities has fallen sharply since 2024 as the exchange intensifies compliance investments and regulatory alignment efforts.
Nevada has filed a civil enforcement action against Kalshi after a federal appeals court denied the firm’s attempt to block state regulatory action.
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.
Binance denied allegations of Iran-linked sanctions violations and investigator dismissals, stating an internal review with external counsel found no compliance breaches.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Bitget has appointed former Bitpanda legal chief Oliver Stauber as CEO of Bitget EU to oversee its MiCA licensing process and establish a Vienna-based hub.
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
India’s financial intelligence agency has introduced stricter identity and transaction verification requirements for cryptocurrency exchanges to curb money laundering and terrorism financing.
Anti-money laundering refers to regulations and practices that aim to prevent illegal financial activity within cryptocurrency systems.
Colombia’s tax authority has mandated crypto exchanges and intermediaries to submit detailed user and transaction data, tightening oversight of digital asset activity.
Kalshi CEO Tarek Mansour endorsed proposed legislation that would ban insider trading on prediction markets, aligning regulated platforms with traditional market standards.
IBM’s partner Dfns has integrated Concordium’s blockchain to offer identity-verified wallets, addressing compliance needs for institutional Web3 adoption.