Crypto / Digital Assets

Crypto / Digital Assets

Pakistan to Establish Bitcoin Reserve, Allocate Power for Mining

By Editors | 30/05/2025

The government aims to integrate digital assets into its financial strategy and establish a strategic bitcoin reserve, inspired by US policy.

AML / KYC

AUSTRAC Orders Compliance Audits for Two Australian Casinos

By Editors | 30/05/2025

The auditors will assess each casino’s compliance with AML/CTF laws and regulations. AUSTRAC will decide on further action based on the findings.

AML / KYC

US Sanctions Philippines-based Firm for Facilitating Cyber Scams

By Editors | 29/05/2025

Funnull Technology Inc provides IP addresses and other web infrastructure to cybercriminals to host scam platforms and other malicious web content.

Crypto / Digital Assets

BOK Pushes Banks on CBDC Trials, Weighs Stablecoin Risks

By Manesh Samtani | 29/05/2025

Bank of Korea urges commercial lenders to join CBDC pilots, explores private stablecoin integration amid capital outflow concerns.

AML / KYC

Chinese Underground Banking Key to Global Crime – Report

By Manesh Samtani | 29/05/2025

Chinese underground banking networks facilitate North Korean hacking, drug cartels, and sanctions evasion, says TRM Labs report.

AML / KYC

Interpol Issues First Two Silver Notices at India’s Request

By Manesh Samtani | 28/05/2025

India secured two Interpol Silver Notices, one to trace assets in a visa fraud case and the other for a crypto scam case.

AML / KYC

G7 Finance Ministers Pledge Action Against Financial Crime

By Manesh Samtani | 27/05/2025

G7 commits to strengthening AML frameworks, enhancing international cooperation, and supporting developing countries to combat financial crime.

Crypto / Digital Assets

HSBC Launches Novel Tokenised Deposit Service

By Sanday Chongo Kabange | 27/05/2025

HSBC’s blockchain-based liquidity solution for Hong Kong institutional clients marks the first live pilot initiative supported by HKMA’s supervisory incubator for DLT.

Enforcement

AUSTRAC Freezes Assets Linked to Cryptocurrency Theft

By Sanday Chongo Kabange | 27/05/2025

AUSTRAC has frozen property and funds tied to alleged cryptocurrency theft following a tip-off from the Luxembourg FIU.