Malcom Wright brings three decades’ worth of experience in compliance and anti-money laundering practices to embattled BitMEX.
Prosecutors announced that they have indicted BitMEX’s founders for violating the Bank Secrecy Act in failing to implement required AML measures.
The Gibraltar Financial Services Commission has overhauled seven of its nine guiding principles on which the regulatory framework is based.
The Cabinet of Ireland gave their approval to a bill that transposes the criminal justice aspects of AMLD5 into national law.
A CipherTrace report indicated that LocalBitcoins received the most criminal funds—over 99%—in the first half of 2020.
Dr. Marcus Pleyer, deputy director general at the German Federal Ministry of Finance, started his two-year term as FATF president on July 1.
Lawmakers in Spain are currently drafting new rules that would implement the Fifth Anti Money Laundering Directive into national law.
KPMG recently rolled out “Chain Fusion,” its patent pending suite of digital asset management tools.
Firms need to complete their applications by end of June to give the regulator time to process applications ahead of the 2021 deadline.
Puerto-Rico based Arival claims to be the first fintech bank for “abnormal” customers, which is why digital currency firms fit the bill.
AIB said its concerns stem from a delay in importing the Fifth Anti-Money Laundering Directive (5AMLD) into domestic law.