CRYPTO / DIGITAL ASSETS

    AML / KYC

    UPDATED – FinCEN Proposes Reporting, Recordkeeping Rules for Crypto

    By Editors | 23/12/2020

    Under the proposed rule, FIs will have to keep records of customers’ crypto transactions and counterparties, and whether they are using unhosted wallets.

    Crypto / Digital Assets

    UPDATED: US SEC Files Lawsuit Against Ripple, Top Execs

    By Editors | 22/12/2020

    The lawsuit will allege that Ripple, its CEO and its Co-founder sold unlicensed securities that should be registered with the SEC.

    AML / KYC

    FATF Warns of Continued Criminal Exploitation of Covid-19

    By Manesh Samtani | 17/12/2020

    The effective use of technology to support onboarding and ensure effective information sharing has become even more important, the FATF says.

    AML / KYC

    Korea’s FIU Upgrades AML System to Boost Processing Capacity

    By Editors | 17/12/2020

    The upgraded AML system has increased KoFIU’s processing capacity by about five times, helping it address an increasing number of suspicious transaction reports it receives.

    Crypto / Digital Assets

    SFC Issues First Licence to Digital Asset Trading Platform

    By Editors | 16/12/2020

    The licences permit OSL Digital Securities to operate regulated brokerage and automated trading services for digital assets.

    Press Release

    Regulation Asia Awards for Excellence 2020 – Results Announcement

    By Editors | 15/12/2020

    Regulation Asia held its third annual Awards ceremony on 15 December 2020 to recognise those in the industry that have helped address changing regulatory requirements in Asia Pacific over the past year.

    Press Release

    Onchain Custodian Recognised for ‘True Compliance Mindset’

    By Editors | 15/12/2020

    Onchain Custodian provides enterprise grade custody services for the cryptoasset sector, offering investors certainty that their digital assets are held securely.

    Press Release

    Elliptic Wins RegTech Award for Blockchain Analytics Solution

    By Editors | 15/12/2020

    Elliptic provides a blockchain analytics solution with tracing and risk scoring capabilities that address AML/CFT compliance in the cryptoasset sector.

    Press Release

    Tookitaki Recognised for Innovative Use of AI & Machine Learning

    By Editors | 15/12/2020

    Tookitaki uses automated machine learning to fundamentally change the way financial institutions use typologies to detect financial crime.

    Press Release

    Cylynx Named ‘One to Watch’ in Blockchain Transaction Monitoring

    By Editors | 15/12/2020

    Cylynx provides an AI-based automated blockchain monitoring platform that helps cryptocurrency exchanges comply with incoming AML/CTF requirements.

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