Tag: financial action task force
SBF Sentenced to 25 Years in Prison | Key Points | Mar. 29, 2024 | BitPinas
Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours...
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Korean Regulatory Agency To Prohibit Crypto Exchanges That Do Not Meet New Strict Standards – CryptoInfoNet
The Korea Financial Intelligence Unit (KoFIU) has announced a comprehensive plan to strengthen supervision of the crypto industry, which includes removing crypto exchanges that...
EBA AML/CFT Guidelines to crypto asset service providers (CASPs)
The European Banking Authority (EBA) recently came with updated Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) guidelines. These are extended to encompass all crypto-asset...
Global Regulatory Outlook for Cryptocurrencies 2024 | BitPinas
Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...
Clarifying BSP’s Crypto Travel Rule Guidelines | Webcast 36 | BitPinas
The “crypto travel rule” is a regulation that requires companies dealing with cryptocurrencies, like exchanges, to share information about who is sending and receiving...
BSP Clarifies Crypto Travel Rule on P2P Transactions | BitPinas
To enhance the country’s risk management regarding money laundering and terrorist financing, the Bangko Sentral ng Pilipinas (BSP) has issued a memorandum clarifying Travel...
India Moves to Block Website URLs of Several Crypto Firms Including Binance, Kraken – CryptoCurrencyWire
The Financial Intelligence Unit (FIU) of India has asked the Ministry of Electronics and Information Technology to restrict the website URLs of nine cryptocurrency...
The FATF Grey List and Its Implications for the Philippine Cryptocurrency Landscape | BitPinas
The Urgency of AML/CFT Compliance The recent update from the Financial Action Task Force (FATF), the global anti-money laundering watchdog, has placed the Philippines...
Turkey Names Blockchain Expert to Central Bank Committee
The Monetary Policy Committee of the Central Bank of the Republic of Turkey has named Professor Fatma Ozkul, a prominent specialist in blockchain technology...
Turkey Appoints Crypto Professor To Central Bank Monetary Policy Committee
The president of Turkey has appointed Professor Fatma Ozkul, an expert in crypto assets and blockchain, to join Turkey’s central bank...
Nigeria ends years-long restrictions on crypto transactions
The Central Bank of Nigeria (CBN) has lifted the ban on cryptocurrency transactions in the country in a significant reversal of its previous stance.The...
BREAKING! Central Bank Of Nigeria (CBN) Lifts Ban On Cryptocurrency Transactions, Issues New Guidelines
The Central Bank of Nigeria (CBN) has changed its stance on cryptocurrency in the country and has lift ban on...
UAE Updates Digital Asset Rules as per FATF Guidelines
The Financial Services Regulatory Authority (FSRA) in the UAE recently announced an update to its Anti-Money Laundering (AML) and sanctions rules, specifically tailored...