Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solution through the Global Travel...
Recent EU anti-money laundering regulations (AMLR) have sparked a heated debate about balancing combating financial crime and preserving citizens’ rights to privacy and economic...
In a collective effort, the regulatory authorities in Kuwait, represented by the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce...
Compliance-tech vendor LexisNexis has commissioned a study that says financial institutions in Asia Pacific spent $45 billion last year on financial crime compliance.
Most firms...
The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC,...
Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...
The “crypto travel rule” is a regulation that requires companies dealing with cryptocurrencies, like exchanges, to share information about who is sending and receiving...
Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations and deficiencies in...
To enhance the country’s risk management regarding money laundering and terrorist financing, the Bangko Sentral ng Pilipinas (BSP) has issued a memorandum clarifying Travel...
The Financial Intelligence Unit (FIU) of India has asked the Ministry of Electronics and Information Technology to restrict the website URLs of nine cryptocurrency...
