The Monetary Authority of Singapore has issued an update on its AML and CFT guidelines, this time outlining regulations for the digital currency industry.
Bithumb digital currencies exchange has integrated the Reactor investigation tool from Chainalysis to scrutinize transactions more and comply with new laws
The FCA has assumed more oversight responsibility in the crypto industry, including becoming the KYC and AML enforcer. Companies will need to be licensed afresh.
France has implemented new rules which will see crypto firms report to the regulator on their security practices, AML guidelines, data protection and more.
Paraguay intends to introduce regulations for its nascent crypto industry for the first time, as it seeks to ensure anti-money laundering laws are followed.
It doesn’t matter whether you are a stablecoin, decentralized or centralized, you must comply with AML laws, the FinCEN chief insists.
The Monetary Authority of Singapore (MAS) is preparing to implement new powers created under the Payment Services Act.