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US SEC’s Crypto Task Force hosts roundtables nationwide to engage directly with early-stage, smaller crypto firms – bringing fresh voices into the regulatory dialogue

by Jyotsna Bucktowar | Aug 1, 2025

By gathering insights from startups with limited resources and experience, the SEC aims to develop more effective, tailored regulations that address AML and compliance challenges specific to the evolving crypto landscape. This initiative reflects a broader effort to...

HKMA enforces a new stablecoin licensing regime from 1 Aug 2025, demanding strict AML/KYC, full reserve backing, and cracking down on false licensing claims to boost transparency and fight FC

by Jyotsna Bucktowar | Jul 29, 2025

Effective from 1 August 2025, the new guidelines set clear supervisory expectations, particularly emphasizing robust anti-money laundering (AML) and counter-financing of terrorism (CFT) controls to enhance the integrity and security of stablecoin operations. The HKMA...

US DoJ seeks to recover $7.74M laundered for North Korea via stolen identities, fake remote IT jobs, and cryptocurrency transactions to evade sanctions and fund illicit operations

by Jyotsna Bucktowar | Jun 5, 2025

The investigation revealed that these North Korean IT operatives used stolen identities to secure remote jobs at various companies worldwide, including blockchain development firms, allowing them to generate illicit cryptocurrency revenues for the North Korean...

FCA consults on Stablecoin and Cryptoasset custody rules to bolster AML defences through EDD, asset safeguarding, and Travel Rule compliance – feedback due 31 July 2025; final rules set for 2026

by AdrianaAMLP | May 28, 2025

Stablecoins must be fully backed by low-risk, liquid assets, with issuers subject to rigorous liquidity ratio calculations (BACR) and prompt FCA notification in case of breaches. Redemption must occur at par value within one business day, and custodians must maintain...

Politico: France’s justice minister highlights political hurdles to phase out cash in drug trafficking crackdown, affirming government reluctance to ban banknotes despite AML risks

by Jyotsna Bucktowar | May 23, 2025

In a recent clarification following earlier comments suggesting that eliminating cash could help disrupt narcotics-related money flows, Darmanin affirmed that the government is not prepared to pursue such a measure due to its potential impact on everyday life,...
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  • FinCEN warns Mexican cartels are increasingly using fuel smuggling as a TBML scheme
  • GRECO’s 2025 Annual Report urges government leaders to lead by example on integrity

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