AML

Podcasts

The Future for Unregulated Bitcoin Exchanges

Anna BaydakovaJul 26, 2020

CoinDesk's Anna Baydakova talks to non-custodial p2p exchanges Hodl Hodl and Bisq about why we still want no-KYC bitcoin.

Regulations

Spain’s Crypto Firms to Face New Registration Requirements Under EU-Driven Bill

Sandali HandagamaJun 23, 2020

Spain is finally getting around to amending its AML laws six months after the EU deadline for compliance. The public comment period on that amendment ends today.

BRD

BRD Is Breaking Into the Crypto Compliance Game

Colin HarperSep 22, 2020

The new tech stack will provide AML and compliance tools for financial institutions, government agencies, and cryptocurrency service providers.

Regulation

FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations

Danny NelsonApr 2, 2020

A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework.

PayPal

PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert

Anna BaydakovaMar 18, 2020

The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.

AML

South Korea

South Korean Lawmakers Greenlight Strict Crypto AML Bill

Danny Nelson

South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.

Blockchain Analytics

Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools

Nikhilesh De

Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.

AML

Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims

Nathan DiCamillo

CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks.

Elliptic

Here’s a New Banking Tool for Vetting Crypto Exchanges

Nathan DiCamillo

Blockchain forensics firm Elliptic is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world.

FinCEN

FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports

Danny Nelson

Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday.

Regulation

A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace

Daniel Palmer

Around one third of the top 120 exchanges are "weak" when it comes to know-your-customer (KYC) verification, while two-thirds "lack strong KYC policies," the firm said.

Security

CipherTrace’s Blockchain Forensics Service Now Covers 700 Crypto Assets

William Foxley

The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies.

Ethereum

Chainalysis Adds More ERC-20 Tokens to Crypto Sleuthing Service

Danny Nelson

Chainalysis' expansion brings its compliance and tracking software to a larger swath of ERC-20 tokens.

Crime

US House Passes Bill for FinCEN to Study Blockchain Use

Danny Nelson

The House of Representatives passed legislation calling for FinCEN to study its use of “innovative technologies” — including blockchain.

More

More