Generative Data Intelligence

Tag: AML

FBI warns US citizens against using ‘unregistered crypto money transmitting services’

The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25.The agency’s warning stated that users should avoid crypto...

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A Guide to the Best Crypto Staking Platforms

Key Takeaways: Crypto staking is a way for investors to earn additional income on your crypto: like earning interest in a savings account or money...

Ex-Binance CEO faces 3-years prison and millions in fines

Changpeng Zhao, the ex-chief executive officer of cryptocurrency exchange Binance, is facing a potential 36-month prison sentence and a US$50 million fine. His sentencing, recommended...

U.S. Prosecutors Seek Three-Year Sentence For CZ  – The Defiant

Department of Justice demands extended sentence for Binance's former CEO, Changpeng Zhao.Former Binance CEO, Changpeng Zhao (CZ), is facing a potential three-year prison sentence should the U.S....

Kenyan Government Moves to Regulate Crypto – Coinweez

The Kenyan government has taken steps to regulate the cryptocurrency industry in an effort to safeguard users and tighten operations in the space by...

Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe

“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make sure Korean...

Why those in financial services must spring clean their customer databases

With the cost of living crisis continuing and slow economic growth forecast for the remainder of the year, these are challenging times for financial...

AI is the perfect tool for banks to remain competitive with fintechs

Banks are becoming outdated today, especially with the rapid rise of the fintech sector that aims to provide a more efficient, cheaper, and user-centric...

Crypto regulation redefined: How MiCA affects your company

The following is a guest post by Mark Gofaizen, Senior Partner at Gofaizen & Sherle.As the MiCA regulation that will reshape the crypto industry...

Coinbase, eToro, NAGA and More: Executive Moves of the Week

This week witnessed a notable rise in executive appointments within the forex, crypto, and fintech industries, showing a slight difference compared to last week's...

A strategic approach to expanding their distribution channels to grow deposits

Deposit growth continues to be the number one business priority of bankers, according to BAI Banking Outlook: 2024 Trends, as it serves as the cornerstone...

Eesee Implements Blockpass for Compliance in Digital Assets Marketplace

HONG KONG, Apr 18, 2024 - (ACN Newswire) - Blockpass, the compliance solution provider, and eesee, the next-gen digital asset trading platform, are proud...

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