The “Dark Side” of Crypto Crime in Latin America, Report
A new report by Intsights and Ciphertrace delves into the way cybercrime and crypto intersect in Latin America. The report offered valuable insights into the threat landscape and...
Japan Police: 98.3% of Money Laundering Cases Don’t Involve Cryptocurrency
Japan’s National Police Agency (NPA) say cases of suspected money laundering reportedly linked to cryptocurrency increased by 900 percent in 2018 when compared to the previous...
Localbitcoins Warns Over ‘Major Changes’ For Users in AML/KYC Crackdown
P2P Bitcoin trading platform Localbitcoins has has said it will launch fresh user identification requirements as part of its push to remain compliant with EU law. EU Compliance Looms...
Japan’s Biggest Crypto Exchange Halts New Account Signups As Regulators Demand...
Japanese cryptocurrency exchange BitFlyer suspended new account registrations on June 21, after regulators demanded it improves its security arrangements. BitFlyer Hit With AML/KYC...
FCA Urges UK Banks to Adopt Robust Security Measures Against ‘Risky’...
The Financial Conduct Authority (FCA), U.K.’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the...
AML BitCoin Creator Saw Early Weakness in Digital Currency World, Innovated Solution and Filed...
The world’s economy is abuzz, but no story in the past year rivals the explosive emergence of digital currencies as the most talked-about financial phenomenon in recent history. It...
Dash Partners With Coinfirm for AML/KYC Compliant Adoption Methods
NEW YORK — Dash has entered a partnership with Coinfirm to create AML/KYC compliant methods of adoption for commercial and financial institutions. According to a press release from...
European Commission to Bring Bitcoin Exchanges Under AML Directive to Curb Terrorist Financing
Bitcoin exchanges in Europe are soon to be regulated under the scope of Europe’s Anti-Money Laundering Directive. The European Commission issued a statement late Tuesday night...