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AML

AML BitCoin is being designed by the NAC Foundation. AML BitCoin will have anti-money laundering, anti-terrorism and theft-resistant properties built into the code of the coin and will be compliant with a host of laws.

Ex-Silvergate Exec Slams SEC Over Forced AML Settlement
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Ex-Silvergate Exec Slams SEC Over Forced AML Settlement

Former Silvergate CRO Kate Fraher criticizes SEC's tactics in AML case after gag rule repeal, sheds light on crypto banking challenges.

Estonia FIU Suspends Zondacrypto License Over Compliance Issues
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Estonia FIU Suspends Zondacrypto License Over Compliance Issues

Estonia's FIU suspends Zondacrypto license, blocking deposits and onboarding. Compliance breaches risk license revocation within 30 days.

OKX Eyes Coinone Stake as South Korea’s Crypto Market Heats Up
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OKX Eyes Coinone Stake as South Korea’s Crypto Market Heats Up

OKX may acquire a 20% stake in Coinone, entering South Korea’s high-stakes crypto market amid growing competition from global and local players.

Australian Police Seize $4.1M in Bitcoin in Darknet Crackdown
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Australian Police Seize $4.1M in Bitcoin in Darknet Crackdown

Australian police seized $4.1M in Bitcoin tied to darknet activity, marking one of the country's largest crypto-related busts.

South Korea's Crypto Exchanges Resist Tightened AML Rules
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South Korea's Crypto Exchanges Resist Tightened AML Rules

South Korea's crypto industry warns proposed AML rules could overwhelm exchanges, increasing reports by 85x and complicating compliance.

Japan Tightens AML Rules for Crypto in Real Estate Deals
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Japan Tightens AML Rules for Crypto in Real Estate Deals

Japan's regulators demand stricter AML checks for crypto use in property transactions, citing money laundering risks tied to international transfers.

AML Fines Hit $1B in 2025, Surpassing SEC Crackdowns
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AML Fines Hit $1B in 2025, Surpassing SEC Crackdowns

AML fines surged to $1.06B in H1 2025, overtaking SEC actions as the dominant regulatory risk for crypto firms, per CertiK's report.

Coinone Hit With $3.5M Fine, 3-Month Suspension Over AML Failures
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Coinone Hit With $3.5M Fine, 3-Month Suspension Over AML Failures

South Korea's FIU orders partial business suspension against Coinone for 70,000 unverified accounts and transactions with 16 unregistered foreign exchanges.

Crypto Week 2025: How Washington Just Rewrote the Rules for Stablecoins, Exchanges, and the Digital Dollar
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Crypto Week 2025: How Washington Just Rewrote the Rules for Stablecoins, Exchanges, and the Digital Dollar

During "Crypto Week" in July 2025, the U.S. established clear rules for stablecoins, favoring private tokens over a government CBDC, enhancing regulatory clarity.

Hong Kong Monetary Authority Penalizes Banks for AML Violations
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Hong Kong Monetary Authority Penalizes Banks for AML Violations

The Hong Kong Monetary Authority has imposed fines on three banks for breaches of anti-money laundering regulations, emphasizing the need for effective transaction monitoring systems.

IOTA Advocates for Flexible AML/CTF Reforms in Australia
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IOTA Advocates for Flexible AML/CTF Reforms in Australia

IOTA Foundation supports AUSTRAC's proposed AML/CTF reforms, emphasizing a flexible, risk-based compliance approach to foster innovation while maintaining financial safeguards.

Hong Kong Monetary Authority Penalizes China CITIC Bank for AML Violations
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Hong Kong Monetary Authority Penalizes China CITIC Bank for AML Violations

The Hong Kong Monetary Authority has fined China CITIC Bank International Limited HK$4 million for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

HKMA Imposes Penalty on WeChat Pay Hong Kong for AML Failures
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HKMA Imposes Penalty on WeChat Pay Hong Kong for AML Failures

The Hong Kong Monetary Authority has fined WeChat Pay Hong Kong Limited HK$875,000 for contravening anti-money laundering regulations.

HKMA Imposes HK$10 Million Fine on DBS Bank (Hong Kong) for AML Failures
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HKMA Imposes HK$10 Million Fine on DBS Bank (Hong Kong) for AML Failures

HKMA has imposed a HK$10 million penalty on DBS Bank (Hong Kong) for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

EBA Issues Updated Guidelines for Crypto Asset Service Providers
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EBA Issues Updated Guidelines for Crypto Asset Service Providers

The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU.