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.
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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.