# Draft El Salvador Bitcoin banking regulations released

# Draft El Salvador Bitcoin banking regulations released

“# Draft El Salvador Bitcoin banking regulations released ” The central bank of El Salvador, Banco Central de Reserva (BCR), has published draft regulations on how banks should handle Bitcoin. Two documents were released for consultation on Aug. 17 instructing banks and financial institutions how to offer Bitcoin-related services to their customers. The first, titled…

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# Dutch central bank claims Binance is operating illegally

# Dutch central bank claims Binance is operating illegally

“# Dutch central bank claims Binance is operating illegally ” De Nederlandsche Bank, the central bank of the Netherlands, issued a warning to Binance Holdings Limited and its entities offering crypto services to local residents. In a Wednesday statement, De Nederlandsche Bank said the major crypto exchange was not operating in compliance with the country’s…

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# Former US Treasury official joins Binance to lead AML efforts

# Former US Treasury official joins Binance to lead AML efforts

“# Former US Treasury official joins Binance to lead AML efforts ” Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company’s international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18. Before replacing Karen Leong as the global money laundering reporting officer at Binance, Monahan worked…

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# Australian regulator issues warning about unlicensed crypto businesses

# Australian regulator issues warning about unlicensed crypto businesses

“# Australian regulator issues warning about unlicensed crypto businesses ” As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses.  Joining this list today is the Australian Securities and Investments Commission (ASIC) as it warned Aussie investors to be wary of unlicensed entities that offer financial products. In a…

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