Anti-Money Laundering

CBDCs

BOJ Examines Use of Privacy Enhancing Technologies for CBDC

By Mark Johnston | 29/01/2023

A CBDC could be supported by the use of privacy-enhancing technologies to anonymise data while still allowing for AML/CFT analysis, the BOJ says.

PEPs & Sanctions

Ex-FBI Agent Charged for Money Laundering, Sanctions Violations

By Editors | 27/01/2023

The former FBI agent conspired with a former Russian diplomat to help Oleg Deripaska have his sanctions removed.

Anti-Money Laundering

Crypto Exchange Coinbase Fined in the Netherlands

By Editors | 26/01/2023

The DNB said Coinbase was offering services to Dutch users before it was formally registered as required by local laws.

Anti-Money Laundering

UK FCA Offers Guidance on Crypto Business Registration

By Editors | 26/01/2023

The guidance draws from over 300 applications received by the FCA to date, to help crypto firms prepare their applications for registration.

KYC & CDD

France Maintains Public Access to Beneficial Owners Register

By Editors | 25/01/2023

The French government plans to define the future methods of access “soon”, taking into account the November decision by the CJEU.

Anti-Money Laundering

Action Against Crypto Firm Bitzlato Yields Seizures, More Arrests

By Editors | 25/01/2023

Authorities seized EUR 18 million in crypto wallets and froze EUR 50 million in accounts at other crypto exchanges, Europol says.

Trading & Investment

Bangladesh: Chittagong Bourse Seeks to Launch FX Derivatives

By Editors | 21/01/2023

Currently, there are no regulations in Bangladesh allowing for the introduction of currency or other financial derivatives.

Cryptocurrency

US SEC Fines Crypto Firm Nexo for Unregistered Securities Offering

By Manesh Samtani | 20/01/2023

Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.

Anti-Money Laundering

Authorities Dismantle Russia-Linked Crypto Firm Bitzlato

By Manesh Samtani | 18/01/2023

Bitzlato facilitated $700mn in crypto transfers for Hydra users and received more than $15mn in ransomware proceeds.