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AML Bitcoin Regulation Cryptocurrency Estonia Money Laundering

Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation

The Estonian Ministry of Finance is about to add amendments to the national AML regulation, bringing tighter cryptocurrency regulation. The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28. According to the article, a new version of […]

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AML Bitcoin Regulation Cryptocurrency Government Law Security Thailand

Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies

The Deputy Prime Minister of Thailand has called for more regulation on cryptocurrencies, urging experts not to lag in developing new security practices. The Deputy Prime Minister of Thailand Wissanu Krea-ngam has called for more regulations on cryptocurrencies, local news daily the Bangkok Post reports Nov. 8. While Thailand introduced a regulatory framework for cryptocurrencies […]

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AML Bitcoin Regulation cryptocurrencies Cryptocurrency

International Anti-Money Laundering Standards for Crypto Expected in October

The Financial Action Task Force is closer to establishing a worldwide set of anti-money laundering standards, that will purportedly close the “gaps” in current regulations. The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AML) standards for cryptocurrencies, Financial Times reported September 19. […]

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AML Anonymity Bitcoin News Bitcoin Regulation cryptocurrencies Cryptocurrency Cryptocurrency Exchange Fiat Money Government Hawala KYC terrorism Tokens USA

Crypto is a ‘Poor Form of Money’ for Terrorists, Congressional Hearing Concludes

Cryptocurrency is a “poor form of money” for most terrorists, says director of analysis at U.S. think tank FDD’s CSIF Yaya Fanusie. The U.S. Congress Subcommittee on Terrorism and Illicit Finance has discussed various methods of terrorism financing with cryptocurrency, according to an official press release on the U.S. House of Representatives Financial Services Committee […]