CZ responds to reports of Binance investigation: story has no “teeth”
The Binance CEO vigorously defended the company’s KYC/AML practices, dismissing reports of an investigation Go to Source Powered by WPeMatico
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Korean crypto exchanges could soon face fines for gaps in due diligence measures
South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges. Go to Source Powered by WPeMatico
Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures
The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering. Go to Source Powered by WPeMatico
Law Decoded: Closing remarks on the future of crypto law, March 5
The final Law Decoded moves away from specific news to reflect on the biggest legal issues facing crypto. Go to Source Powered by WPeMatico
BitGo receives trust license from New York regulators
Goldman Sachs-backed crypto custodian BitGo has acquired a New York Trust license to operate as an independent custodian in the state. Go to Source Powered by WPeMatico
SEC’s Division of Examinations issues Risk Alert on digital assets
The Risk Alert seemed to take particular aim at broker-dealers, who have been “inadequate” in their AML compliance Go to Source Powered by WPeMatico
Exchanges warn that Hong Kong’s crypto retail trader ban could backfire
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. Go to Source Powered by WPeMatico
Merging traditional finance and DeFi is critical for mass adoption
If we want to achieve mainstream adoption, we must move toward an industry where DeFi can also serve legacy financial institutions. Go to Source Powered by WPeMatico
Philippines’ central bank to license crypto trading and custody firms
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers. Go to Source Powered by WPeMatico
The United States updates its crypto AML/CFT laws
The U.S. Anti-Money Laundering and Combating the Financing of Terrorism laws: Where will these updates lead the crypto space? Go to Source Powered by WPeMatico
