List of Flash News about AML CFT
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2025-08-15 15:30 |
Binance and Royal Thai Police Dismantle Major Money Laundering Network — Compliance Action Update for Crypto Traders
According to @_RichardTeng, Binance collaborated with the Royal Thai Police to take down a massive money laundering network, underscoring its mission to build a safer financial ecosystem across crypto and traditional finance; source: X/@_RichardTeng (Aug 15, 2025) and the Binance Blog link shared in the post. For trading risk assessment, Binance’s law enforcement cooperation represents a concrete AML/CFT enforcement action relevant to exchange counterparty and regulatory risk monitoring; source: Financial Action Task Force (FATF), Updated Guidance for a Risk-Based Approach to Virtual Assets and VASPs (Oct 2021). Industry research indicates that robust enforcement correlates with a declining share of illicit transaction volume in crypto, a factor market participants track when evaluating market integrity; source: Chainalysis, 2024 Crypto Crime Report. |