FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group
The fears that Kenya’s lack of a regulatory framework for overseeing the crypto business has prompted the federal government to ascertain a working group tasked...
Woman Accused of Laundering Bitcoins for Chinese Fraudster Goes on Trial within the UK
A British citizen lately went on trial within the U.Ok. for laundering bitcoins on behalf of a fugitive Chinese fraudster, Yadi Zhang. Prosecutors insist that...
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents
The premium on crypto property listed on South African exchanges briefly surged to three.5% after Kraken’s abruptly began blocking deposits from customers primarily based within...
Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity
Although the implementation of the not too long ago accredited Markets in Crypto Assets (MiCA) laws is more likely to be tough, their coming into...
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
FTX’s European subsidiary, FTX Europe, has launched a brand new web site, ftxeurope.eu, for customers to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests...
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities
The United States Federal Reserve Board stated on Jan. 27 that each insured and uninsured banks might be subjected to limits on sure actions together...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), in line with a consent order signed...
European Union to Put a ten,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
The states of the European Union have convened to ascertain a brand new restrict on money purchases and to strengthen the controls on cryptocurrency transactions....
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry
Argentina is making ready to revamp its anti-money laundering and terrorism financing legislation. It has proposed to incorporate the creation of a registry for digital...
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
The United Arab Emirates (UAE) has stated it now requires actual property brokers, brokers, and legislation companies to report back to the Financial Intelligence Unit...