I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# AML compliance mandatory for foreign crypto exchanges, says Korean regulator ” Eun Sung-soo, chairman of South Korea’s Financial Services Commission (FSC), has said that foreign crypto exchanges that deal in the Korean won must comply with the country’s Anti-Money Laundering standards. According to The Korea Herald on Tuesday, Eun made these comments while fielding questions…
“# UN commission serves new warning against BTC adoption in El Salvador ” The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El Salvador’s decision to accept Bitcoin (BTC) as legal tender. ECLAC executive secretary Alicia…
“# FinCEN lists cryptocurrencies as top AML and CFT priorities ” The United States’ Financial Crimes Enforcement Network will continue to closely follow the cryptocurrency industry as one of its top priorities for combating crimes like money laundering. FinCEN officially announced Thursday that “virtual currency considerations,” or operations involving cryptocurrencies like Bitcoin (BTC), will be…
“# London Stock Exchange-listed firm inks FCA’s approval for crypto services ” Mode Global Holdings, a London Stock Exchange-listed fintech group, has secured major regulatory approvals for cryptocurrency and fintech operations in the United Kingdom. The company announced Thursday that Mode has secured its Electronic Money Institution license and AMLD5 registration from the U.K. Financial…
“# UK regulator warns against 111 unregistered crypto companies… and FOMO ” The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA) has warned consumers against 111 crypto companies that are yet to register with the FCA. Since Jan. 10, all U.K.-based crypto firms have had to comply with Anti-Money Laundering and Counter-Terrorist Financing laws,…
“# Norwegian FSA sees urgent need for crypto investor protection ” Amid Bitcoin’s (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country. The Financial Supervisory Authority of Norway, or Finanstilsynet, published June 22 a statement on consumer protection of…
“# $71B in crypto has reportedly passed through ‘blockchain island’ Malta since 2017 ” Malta’s strategy to become a global enclave for digital assets appears to be working, though lax regulatory oversight has raised concerns over money laundering and other financial crime. Roughly $71 billion, or 60 billion euros, worth of cryptocurrencies have passed through…
“#China arrests 1,100 crypto users on money laundering charges” China’s crackdown on cryptocurrencies is heating up with a series of arrests that suggest digital currency users can be traced. More than 1,100 people who allegedly used cryptocurrencies to launder profits from frauds were arrested Wednesday, the country’s Ministry of Public Security said in a statement. …
“#California nun to plead guilty for stealing over $800K to help pay for gambling trips” A California nun will plead guilty to swindling over $800,000 from the Catholic elementary school she ran to help pay for her gambling trips, federal prosecutors said. Sister Mary Margaret Kreuper, 79, was charged Tuesday with wire fraud and money…
“#Money laundering crew busted in multimillion dollar online dating scam: feds” Six people have been busted for their alleged role in an elaborate, multi-million-dollar dating site scam — after they helped launder some $3.5 million fleeced from vulnerable, lovesick targets online, prosecutors in Manhattan federal court charged Wednesday. The suspects, three of whom were arrested…