U.S. Rulemaking Agenda Reveals AML, Crypto Priorities
U.S. federal financial regulators have put implementation of the Anti-Money Laundering Act of 2020 and crypto recordkeeping rules …
Germany Jumps Ahead With Crypto Travel Rule Introduction
The German Ministry of Finance’s decision to introduce new rules for crypto transactions has divided …
News In Brief - June 8, 2021
Finance ministers and central bank governors committed to adopting common principles for central bank digital currencies …
Crypto Supervision Puts FCA In Catch-22 Situation
The industry welcomes the deadline extension of the temporary registration regime for crypto firms but the …
Lithuania Prods Fintechs On Compliance Under Glare Of Wirecard Fallout
The Bank of Lithuania has nudged fintech firms to ensure their processes are up to …
Cryptocurrency Gambling: Still Not Ready For The Limelight
In Europe, cryptocurrency gambling remains largely a renegade, unlicensed business, despite growth in crypto acceptance …
Hungarian Law Partially Compliant With FATF Virtual Currency Recommendation
Hungary has shown progress in complying with international anti-money laundering/counter-terrorism financing standards, the Council of Europe has …
MiCA Could Include AML Component
The EU’s forthcoming Markets in Crypto-Assets (MiCA) regulation could yet feature financial crime measures, depending …
Canada Pushes Back Enforcement Of Crypto AML Regulations
New anti-money laundering (AML) regulations applying to crypto transactions come into force on June 1, …