In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies
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Crypto travel rule implementation ‘remains relatively poor,’ says FATF
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.
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Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF
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Countries ignoring crypto AML rules risk placement on FATF’s ‘grey list’ — Report
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing Anti-Money Laundering rules for crypto providers.
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Terrorists are funding their horrible deeds with crypto: UN officials
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official. However, “advanced” terror organizations are turning to cryptocurrencies.
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After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a
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