Regulatory Overhaul in EU Regulators in the European Union recently reached an agreement on an extensive regulatory package aimed at combating money laundering. Under the provisions,…
A Landmark Case: Money Laundering with Chinese Digital Yuan and Cryptocurrency A Shanghai court has set a significant legal precedent by issuing a verdict in the…
South Korea Considering Regulations on Cryptocurrency Mixing Platforms The Financial Intelligence Unit (FIU) in South Korea is discussing the possibility of implementing regulations specific to cryptocurrency…
European Banking Authority Issues Comprehensive Guidance for Crypto Firms The European Banking Authority (EBA) has recently released comprehensive guidelines to ensure that crypto firms comply with…
EU Banking Watchdog Extends AML Measures to Crypto Firms The European Banking Authority (EBA) has expanded its regulatory scope to include the cryptocurrency industry. In a…
UN Report: Tether (USDT) Preferred by Money Launderers and Fraudsters in East and Southeast Asia A recent report by the United Nations Office on Drugs and…
EU Authority Expands AML Guidelines to Include Crypto-Asset Service Providers The European Banking Authority (EBA) has updated its anti-money laundering (AML) and counter-terrorist financing (CTF) guidelines…
EU Implements Stringent Regulations to Foster Crypto Acceptance The European Banking Authority (EBA) has introduced novel protocols to assimilate crypto firms into the European realm of…
Chinese Law Enforcers Bust Gang Using Digital Yuan for Money Laundering Law enforcement authorities in China have announced the dismantling of a criminal gang that was…
