South Korea’s Financial Services Commission (FSC) will impose stricter AML and KYC requirements starting May 2025 as the country prepares to open its cryptocurrency market to international investors. […]
IOTA Foundation Proposes Web3-Compatible AML Regulations in Australia
The IOTA Foundation has voiced its commitment to collaboration with Australian regulatory bodies on crypto compliance initiatives. As the cryptocurrency market continues to grow, regulation is evolving alongside […]
Australia Tightens Crypto Regulations: AUSTRAC Proposes New Rules
Australia’s Financial Transaction and Crime Authority (AUSTRAC) has proposed new regulations for crypto transactions, aiming to enhance oversight against money laundering and illicit activities. Key changes include stricter […]
Cointree Faces $75K Fine for Delayed Suspicious Activity Reports
AUSTRAC, Australia’s financial intelligence agency, has penalized cryptocurrency exchange Cointree $75,120 for failing to report suspected illicit activity promptly. The penalty highlights the regulatory pressure on crypto exchanges […]
AML Bot Vulnerabilities Enable Criminal Organizations to Evade Asset Tracking, Reports Show
Security vulnerabilities within the anti-money laundering (AML) tool AML Bot are being exploited by criminal organizations to evade asset tracking, according to reports from PANews and other sources. […]
Upbit Faces Temporary Onboarding Ban Amidst Regulatory Scrutiny
South Korean cryptocurrency exchange Upbit has been temporarily restricted from onboarding new customers due to regulatory pressure from the Financial Intelligence Unit (FIU). This action is aimed at […]
Indian Crypto Exchanges Ordered to Track Transactions from J&K – 2025
India has mandated cryptocurrency exchanges to monitor transactions originating from or linked to the Indian state of Jammu and Kashmir (J&K), aiming to combat illicit activities in the […]
DOJ Requests Victims Submit Claims for AML Bitcoin Scam By June 5
The U.S. Department of Justice and the Federal Bureau of Investigation (FBI) are urging victims of the AML Bitcoin cryptocurrency scam by Rowland Marcus Andrade to submit claims […]
EU Enforces Stricter Anti-Money Laundering Rules on Cryptocurrencies
The European Union is introducing stricter anti-money laundering regulations for cryptocurrencies, effective July 1, 2027. This new regulation will ban financial institutions from providing anonymous crypto accounts or […]
EU Enacts Stricter Anti-Money Laundering Rules for Cryptocurrencies
The European Union has implemented a new regulation, the Anti-Money Laundering Regulation (AMLR), which will become enforceable on July 1, 2027. This new rule prohibits financial institutions from […]
EU Sets Deadline to Ban Anonymous Crypto in 2027
The European Union has mandated a ban on anonymous cryptocurrencies by July 2027, as part of efforts to combat money laundering. This regulation aims to significantly reduce the […]
EU Sets Deadline: No More Anonymous Crypto by 2027
The European Union is enacting sweeping changes to its cryptocurrency regulations, imposing a ban on anonymous crypto accounts and privacy-focused coins by July 1, 2027. This landmark decision, […]
EU Imposing New Rules on Anonymous Cryptocurrency by 2027
The European Union (EU) is set to significantly alter the landscape of cryptocurrencies with a new Anti-Money Laundering Regulation (AMLR). This rulebook, targeting anonymous cryptocurrency services like Monero […]
EU Tightens Anti-Money Laundering Rules for Cryptocurrencies by 2027
The European Union (EU) is taking a proactive stance against money laundering in the cryptocurrency sector, implementing comprehensive anti-money laundering (AML) regulations. Starting in 2027, the new rules […]
EU Bans Anonymous Crypto by 2027: Impact on Trading, Compliance
The European Union (EU) is implementing a ban on anonymous cryptocurrencies and privacy tokens by 2027, aligning with stringent Anti-Money Laundering (AML) regulations. This landmark decision aims to […]