by Jyotsna Bucktowar | Mar 31, 2025
In December, AUSTRAC CEO Brendan Thomas launched an internal taskforce to tackle money laundering and terrorism financing risks linked to crypto ATMs. The taskforce has since engaged with businesses, uncovering concerning trends and potential links to scams and...
by Jyotsna Bucktowar | Mar 28, 2025
This change provides banks with more flexibility to explore cryptocurrency services, but also raises concerns about the balance between innovation and regulatory oversight in an increasingly complex financial landscape…
by AdrianaAMLP | Mar 27, 2025
MAS consults on regulatory measures for stablecoins, emphasizing reserve asset quality, due diligence, and risk management, particularly for Group 1b cryptoassets. The consultation also proposes restrictions on retail investor access to AT1 and Tier 2 capital...
by Jyotsna Bucktowar | Mar 4, 2025
By leveraging blockchain’s transparency, investigators can trace transactions, identify suspicious patterns, and track criminal networks. Tools like blockchain analytics provide law enforcement with powerful insights into illicit financial flows. Collaboration between...
by Jyotsna Bucktowar | Feb 28, 2025
Operating under the company GidiPlus Ltd, Osunkoya continued to run crypto ATMs at multiple locations despite being denied FCA registration. He was convicted of multiple charges, including forgery and possessing criminal property. The FCA continues to tackle illegal...
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