Fintech News

JULY 17, 2024

The rapid ascent of cryptocurrency has ushered in a new era of financial innovation, but it has also created novel challenges in combating financial crime. A recent comprehensive report by Chainalysis sheds light on the intricate world of crypto-related money laundering. Usage of mixers peaked in 2022, with over US$1.5

Money Laundering 107

Money Laundering Law Enforcement AML Non-Bank 107

PYMNTS

DECEMBER 10, 2020

Cryptocurrency is one of the fastest-moving industries in the digital world, with a market that was valued at $1.03 Bitcoin is one of the most famous names in the cryptocurrency space, accounting for $6 billion in daily transactions among 153 million registered user addresses. Cryptocurrency-related crimes totaled $4.3

AML 88

AML Cryptocurrency Money Laundering Compliance 88

The Paypers

JULY 8, 2024

The European Banking Authority (EBA) has expanded its Travel Rule guidelines to include cryptocurrency service providers and intermediaries.

Travel Rule 45

Travel Rule Money Laundering Rules Cryptocurrency 45

PYMNTS

NOVEMBER 15, 2019

government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do transactions over a certain monetary threshold, according to a report by Reuters. The amount of money laundering crime may exceed $4.3 15) that the U.S.

Travel Rule 55

Travel Rule Rules Fincen Money Laundering 55

PYMNTS

NOVEMBER 20, 2019

Among the biggest problems for cryptocurrency — if not the biggest — is legitimacy. The move potentially represents one of the most significant regulatory-related actions involving cryptocurrency in the roughly 10-year history of that digital payment method. Travel Rule.

Travel Rule 49

Travel Rule Rules Digital Currency Cryptocurrency 49

Fintech News

FEBRUARY 27, 2024

TRM Labs’ Global Crypto Policy Review & Outlook 2023/24 delves into the advancements in regulation as well as the regulatory challenges faced by major APAC markets, shedding light on their unique strategies and key developments in navigating the complex world of cryptocurrency. This transition is currently in progress.

APACS 129

APACS Regulations Stablecoins Cryptocurrency 129

PYMNTS

NOVEMBER 15, 2019

government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do transactions over a certain monetary threshold, according to a report by Reuters. The amount of money laundering crime may exceed $4.3 15) that the U.S.

Rules 50

Rules AML Travel Rule Fincen 50