Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.
Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). Get...
Sardine, which provides fraud, compliance and instant settlement solutions, has gotten $51.5 million in Series B financing, which will go toward product development and marketing...
The most notable thing about the cryptocurrency exchange Huobi’s decision to delist seven anonymity-focused “privacy coins” beginning Monday (Sept. 19) is that it comes just...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult...
Federal authorities are investigating whether cryptocurrency exchange Binance violated the Bank Secrecy Act. Get the Full Story Complete the form to unlock this article and...
Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. Get the Full Story Complete the form to...