Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
The exchange was charged under the Bank Secrecy Act.
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Mar 26, 2024 at 3:11 p.m. UTC
Mar 26, 2024
AML
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It’s Time to Scrap AML/KYC Entirely
Bitcoin OG Bruce Fenton argues that know-your-customer and anti-money laundering requirements are deeply flawed and ineffectual.
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Feb 27, 2024 at 7:47 p.m. UTC
Feb 27, 2024
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Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials sa...
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Feb 22, 2024 at 7:58 p.m. UTC
Feb 22, 2024
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Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors
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Jan 25, 2024 at 1:00 p.m. UTC
Jan 25, 2024
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Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
NFTs, DeFi and outlawing privacy tools might be out, but for crypto firms, requirements for customer checks might be more stringent than for banks, policy watchers told CoinDe...
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Jan 19, 2024 at 9:00 a.m. UTC
Jan 19, 2024
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EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering
Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.
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Jan 18, 2024 at 2:31 a.m. UTC
Jan 18, 2024
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The European Banking Authority's new guidance for crypto firms will take effect on Dec. 30.
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Jan 16, 2024 at 1:55 p.m. UTC
Jan 16, 2024
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Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
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Dec 12, 2023 at 7:54 p.m. UTC
Dec 12, 2023
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Crypto Provisions Dropped From 2023 U.S. Defense Bill
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.
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Dec 8, 2023 at 10:31 p.m. UTC
Dec 8, 2023
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THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries
The platform's native token has risen by 10% after the exchange came back online.
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Oct 13, 2023 at 3:11 p.m. UTC
Oct 13, 2023