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Anti-Money Laundering

UK regulator extends registration deadline for digital currency firms to March 2022
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9 June, 2021

UK regulator extends registration deadline for digital currency firms to March 2022

The Financial Conduct Authority is extending the period in which it will allow digital currency companies to operate even if...
UK minister: Digital currency companies falling short on AML obligations
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4 June, 2021

UK minister: Digital currency companies falling short on AML obligations

John Glen said there had been significant difficulties in registering digital currency companies under the regulations, resulting in a majority...
Asian racetracks urge crackdown on digital currency-based betting
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1 June, 2021

Asian racetracks urge crackdown on digital currency-based betting

The report warns of digital currency’s capacity to evade scrutiny by gambling regulators and financial watchdogs, thereby “facilitating avoidance” of...
Thailand requires in-person KYC for new digital currency exchange signups
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5 May, 2021

Thailand requires in-person KYC for new digital currency exchange signups

The Thai Anti-Money Laundering Office has mandated all exchanges to use the dip-chip machine, which scans a chip embedded on...
Irish digital currency firms now obliged to register with central bank
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30 April, 2021

Irish digital currency firms now obliged to register with central bank

Companies considered to be Virtual Asset Service Providers (VASPs) are now required to adhere to the same rules as other...
South Korea pledges crackdown on money laundering via digital currencies
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23 April, 2021

South Korea pledges crackdown on money laundering via digital currencies

The South Korean government is reportedly preparing to ramp up regulation against digital currency, in a bid to more readily...
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