The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). According to Reuters, the new...
With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend to create a...
Following scandals at European lenders, the European Central Bank (ECB) wants the European Union (EU) to step up enforcement of anti-money laundering (AML) rules. To...
Although new rules to combat money laundering in the European Union took effect this week, there are already calls for more reforms after a series...
Latvia’s banking system is facing more issues. Not only did one bank have to request emergency support after U.S. officials accused it of helping to...
Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering. Latvian Prime Minister Māris Kučinskis...
While investors are worried that the price of bitcoin might be artificially held high, a head of a cryptocurrency firm is not concerned, CNBC reported....
Amid the continuing global debate over cryptocurrencies, G20, an international forum for governments and central bank governors, has taken up the gantlet, Reuters reported Friday...
A European Central Bank (ECB) director urged banks on Thursday (Nov. 30) to speed up the launch of instant payments to push back against cryptocurrencies...