Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange.
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Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor
Read moreUS Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance.
Read moreCoinbase sees infinite interoperability potential with Ethereum and USDC
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami.
Read moreCanadian regulator fines Binance $4.4M for AML and CFT violations
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with
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Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists
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