AML
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
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
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
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
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
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
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
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
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
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.