AML

The debanking narrative has given fresh ammunition to teams building bank replacements

The WSJ published an article last week about Tether’s alleged AML violations and USDT being used to fund illegal activities

A former Binance executive is set to help Bybit with compliance, while a Coinbase leader expands his role

Felix Jauvin interviewed Sahm rule inventor Claudia Sahm to unpack signals of a nearing recession

The Federal Reserve and Customers Bank filed a written agreement on Thursday, with a plan to disclose operations and crypto risk exposure

The FCA claims that CBPL provided e-money services to roughly 13,000 “high-risk” customers

Alexey Pertsev’s verdict by a Dutch Court shouldn’t impact Roman Storm’s upcoming trial, CoinCenter’s Peter Van Valkenburgh says

The Treasury Department wants stronger crypto oversight powers, writes Blockworks’ Casey Wagner

The CFTC is seeking “civil monetary penalties” against KuCoin

KuCoin settled with the New York AG’s office in December of last year

Sen. Warren’s Digital Asset Anti-Money Laundering Act (DAAMLA) poses a threat to jobs and American advantage, former officials argue

Treasury officials noted that fiat currencies remain the primary tool for money laundering, and terrorists still use “tried-and-true methods”

Elsewhere, Axie Infinity’s developer gets its first CEO and 1inch DAO lawyers up

“Most of the crypto sector” will be impacted by the new rules, which still need to be finalized by lawmakers

Your support of this new digital asset AML bill jeopardizes your constituents’ jobs, finance and future

In a call with reporters Monday, division chief Jim Lee said that crypto-related tax evasion cases are mounting

Federal judge puts pause on plan to allow Zhao to return to UAE prior to sentencing, court filing shows

The case has surpassed all previous records of money laundering investigated by the Criminal Investigation Bureau in Taiwan

The bill expands the power of law enforcement to both freeze and seize crypto connected to criminal conduct

The proposed rule mandates that regulated financial entities flag transactions suspected of involving crypto mixing, especially those with international implications

The crypto exchange database is expected to launch by the end of this fiscal year

Elizabeth Warren and Roger Marshall have 9 brand-new supports for a bill adversaries say could kill American innovation

Coinbase said it will deactivate accounts not meeting new standards, but will allow users to update their information later

The EU’s new AML provisions are akin to taking a car, removing its engine, and fastening a team of horses to prevent speeding