Hong Kong regulator begins crypto exchange crackdown
The move comes after the FATF recommended changes in policy in Hong Kong to comply more closely with its standard guidelines.
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Attending North Korea crypto conference may breach UN sanctions: experts
The February conference has been flagged in a confidential report, in which experts warn developers not to attend the event.
Why you must rethink FATF now
Outside of the previously lightly regulated cryptocurrency ecosystem, the guidance is essentially the application of FATF’s operative guidance called the “travel rule” for traditional financial institutions towards crypto businesses.
Trump’s planned crackdown on cartels could hurt crypto
In a move that is sure to be quite controversial, it appears U.S. President Donald Trump is considering labeling Mexican cartels as terrorist organizations.
Int’l watchdog readies crypto-related AML rules for June 2019 rollout
Under the changes to FATF global standards, crypto exchanges, certain types of wallet providers and providers of financial services for ICOs will be subjected to AML/CFT regulations, such as conducting customer due diligence including ongoing monitoring, record-keeping, and reporting of suspicious transactions.
G20 eyes crypto AML regulatory standard by October
During its meeting in Buenos Aires, the G20 forum set out plans to put the cryptocurrency sector under anti-money laundering (AML) standards.
EU’s new directive wants access to identities behind wallets, monitor crypto transfers
The European Union has recently adopted a new directive to cover cryptocurrencies in order to fight money laundering and terrorism financing activities.
Israeli bank blocks crypto funds despite AML compliance—until court steps in
Friction mounts in Israel as banks aggressively try to impede cryptocurrency activities despite court orders.