Basel highlights key lessons from recent Wolfsberg Group discussions on VASPs, urging stronger trust, standardised DD, and better information sharing with banks to safely integrate virtual assets

It explains that banks are cautious about onboarding VASPs due to persistent uncertainty around risks and compliance expectations, and that clearer regulatory guidance — particularly on stablecoins and permissible information sharing — could help bridge this gap....

OCCRP reports a major Uzbek state company funneled over $200M to shadowy foreign firms, exposing suspected front companies, hidden beneficiaries, and corrupt corrupt favoritism in govt contracts

The Almalyk Mining‑Metallurgical Complex (AMMC) a major state‑owned mining company in Uzbekistan and a key driver of the country’s economy has awarded more than $200 million in procurement contracts to a network of foreign firms from the UK, Georgia, Singapore, and...