Anti-Money Laundering

Michaelangelo's Garden of Eden
Apple and Goldman Sachs Don’t Trust Their New Banking Customers
“Security reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.
Michaelangelo's Garden of Eden

Japanese Flag (Shutterstock)
Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
Japanese Flag (Shutterstock)

Police tape (Shutterstock)
Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests
The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may soon be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco.
Police tape (Shutterstock)

Unknown customer (Getty)
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.
Unknown customer (Getty)

Matis Mäeker has said the new law will professionalize the crypto sector (Estonian FIU)
Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior
Regulators in the tech-friendly nation say they’ll now return to business-as-usual monitoring after money laundering fears led it to take a tough line.
Matis Mäeker has said the new law will professionalize the crypto sector (Estonian FIU)

U.S. Capitol Building
First Mover Americas: Crypto Money-Laundering Bill on the Table
The latest price moves in crypto markets in context for Dec. 15, 2022.
U.S. Capitol Building

CDCROP: Hong Kong, China (Chester Ho/Unsplash)
Hong Kong Amends Finance Law to Incorporate Crypto Firms
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.
CDCROP: Hong Kong, China (Chester Ho/Unsplash)

CDCROP: The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)
White House Convenes Summit for Stopping the Spread of Ransomware
Among other moves, President Biden’s office plans to share information with partners about crypto wallets used for laundering extorted funds.
CDCROP: The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

CDCROP: FATF Financial Action Task Force (Hervé Cortinat/OECD)
Coinbase-Backed Anti-Money Laundering Group Expands Into Europe
The Travel Rule Universal Solution Technology (TRUST) has grown its membership to 67 firms.
CDCROP: FATF Financial Action Task Force (Hervé Cortinat/OECD)

(Abu Hanifah/Getty Images, modified by CoinDesk)
Does AML Even Work?
The crime-fighting regime demands much, but does it deliver?
(Abu Hanifah/Getty Images, modified by CoinDesk)