Browsing the "terrorist financing" Tag

Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges

| Marc Hochstein, Nikhilesh De and Anna Baydakova

Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

UK Crypto Exchanges Pose Low Money Laundering Risk, Says Global Watchdog

| Yogita Khatri

Crypto exchanges in the U.K. pose a “low” risk for money laundering and terrorist financing, says a report from the Financial Action Task Force.

US Lawmakers Move Forward on Crypto Task Force Proposal

| Nikhilesh De

The U.S. House of Representatives has reconsidered a proposed federal task force to investigate cryptocurrencies' use in financing acts of terror.

terrorism, IS

Crypto Use A ‘Fringe Activity’ Among Terrorists, Says Think Tank

| Anna Baydakova

Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.

Customer ID Now Required for Crypto Exchange Purchases in Malaysia

| Wolfie Zhao

Malaysia's central bank is now requiring domestic crypto exchanges to comply with anti-money laundering and know-your-customer mandates.

EU

European Commission Seeks More Customer Data from Bitcoin Services

| Stan Higgins

The European Commission has said that it plans to tighten reporting standards for digital currency exchanges in the region.