money laundering Archives - Page 110 of 129

Australian Financial Regulator Trials Blockchain to Automate Funds Transfer Instructions

February 25, 2019cashtechnews

The Australian Transaction Reports and Analysis Centre is trialing a blockchain prototype for the automation of international funds transfer instructions. The Australian Transaction Reports and Analysis Centre (Austrac) is trialing a blockchain prototype for the automation of funds transfer instructions, business tech news site ZDNet reported on Feb. 24. Austrac — a government financial intelligence […]

Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

February 23, 2019cashtechnews

Canadian banks showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets. Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one […]

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

February 22, 2019cashtechnews

An official at South Korea’s sole securities exchange operator says the bourse is closely eyeing developments in regard to crypto ETFs. An official at South Korea’s sole securities exchange operator, the Korea Exchange (KRX), says the bourse is closely eyeing developments from United States regulators in regard to Bitcoin (BTC) exchange-traded funds (ETFs). The official, […]

New Platform Converts Crypto to Fiat Without Know Your Customer Requirements

February 21, 2019cashtechnews

Crypto wallet MyEtherWallet in collaboration with crypto finance firm Bity have launched a platform for the conversion of crypto to fiat without going through KYC requirements. Cryptocurrency wallet MyEtherWallet (MEW) in collaboration with crypto finance firm Bity are releasing a platform to convert cryptocurrency to fiat without Know Your Customer (KYC) requirements. MEW announced the […]

Huobi Korea to Strengthen Anti-Money Laundering Protections

February 21, 2019cashtechnews

Huobi Korea strengthens its AML protection and launches an inter-exchange hotline to prevent identity theft, voice phishing and other types of fraud. Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21. According […]

Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs

February 20, 2019cashtechnews

The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged. The Bank of Lithuania has updated its position on virtual assets and initial coin offerings (ICOs), according to an announcement published on Feb. 14. The Bank of Lithuania initially issued a document detailing its position towards ICOs […]

Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace

February 20, 2019cashtechnews

Blockchain security firm CipherTrace has secured a $15 million investment from Galaxy Digital and other venture capital firms. Mike Novogratz’s crypto investment bank Galaxy Digital has invested in blockchain security company CipherTrace, according to an official press release published on Feb. 19. CipherTrace has reportedly raised $15 million in venture capital in a new funding […]

Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

February 19, 2019cashtechnews

Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]

Financial Firm Offers ‘Almost Instantaneous’ Loans Up to $30,000 With Crypto as Collateral

February 19, 2019cashtechnews

sponsored A company is offering cash loans of up to $30,000 with crypto as collateral — all without borrowers needing to sell their digital assets. A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral. YouHodler — whose name is inspired by the term […]

Alleged Bitcoin Mining Scam Reported in Thailand

February 18, 2019cashtechnews

An alleged cryptocurrency mining scam has been reported to Thai police; 140 investors are reportedly affected. Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok Post reports on Feb. 18. Per the report, 30 people have filed a complaint with […]

Tag: money laundering

Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

New Platform Converts Crypto to Fiat Without Know Your Customer Requirements

Huobi Korea to Strengthen Anti-Money Laundering Protections

Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs

Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace

Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

Financial Firm Offers ‘Almost Instantaneous’ Loans Up to $30,000 With Crypto as Collateral

Alleged Bitcoin Mining Scam Reported in Thailand

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