# Binance Turkey fined 8M lira for non-compliance against money laundering

# Binance Turkey fined 8M lira for non-compliance against money laundering

“# Binance Turkey fined 8M lira for non-compliance against money laundering ” The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance.  The Financial Crimes Investigation Board (MASAK), which serves as Turkey’s financial intelligence unit…

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# Law Decoded: Making sense of mixed signals, Dec. 13–20

# Law Decoded: Making sense of mixed signals, Dec. 13–20

“# Law Decoded: Making sense of mixed signals, Dec. 13–20 ” The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never perfectly align, frequently resulting in contradictory signals coming out of various power centers….

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# US Treasury official beckons new stablecoin regulations

# US Treasury official beckons new stablecoin regulations

“# US Treasury official beckons new stablecoin regulations ” The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary of the Treasury for Domestic Finance, fueled more stablecoin regulation speculation with comments on investors ‘potentially big risk’ when using stablecoins.  Following on from the Financial…

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