anti-money laundering

Crypto assets have often drawn criticism from global lawmakers for being an instrument of facilitating anonymous money laundering procedures. Hong Kong, who recently emerged as the most crypto ready nation in the world, has taken a…

The Enforcement Directorate has unfrozen the bank account of cryptocurrency exchange WazirX, which was under its scanner since last month, the company said in a statement on Monday, September 12. WazirX, India’s largest cryptocurrency…

US federal prosecutors asked Binance, the world's largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder Changpeng…

Regulators have issued subpoenas or sought testimony and information from the company and CEO Vladimir Tenev as part of investigations into trading restrictions the brokerage imposed during the meme-stock volatility a year ago.…

The latest report noted that the proliferation of private cryptocurrencies across the globe has sensitised regulators and governments to the associated risks. Private cryptocurrencies pose immediate risks to customer protection and are…

New York: Jamie Dimon, JPMorgan Chase & Co chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless." "No matter what anyone thinks about…

Major cryptocurrency exchange Binance said on Friday it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect.Binance, the world's biggest platform, has been under pressure…