FATF Says Majority of Countries Still Haven’t Implemented Watchdog’s Crypto Guidance

Only 58 out of 128 jurisdictions have stepped up, the anti-money laundering watchdog said Friday.

Policy & regulation  ·  25 June 2021

Hong Kong Government Proposal on Licensing Crypto Firms Ends Consultation Period

The government plans to introduce licensing for virtual asset service providers.

Policy & regulation  ·  21 May 2021

DeFi Is Not TradFi: Why FATF’s Guidance Would Stifle Growth

FATF may have DeFi in its sights, but Aave general counsel Rebecca Rettig is keeping watch on the watchdog.

Policy & regulation  ·  11 May 2021

Crypto Exchange OKEx Korea to Close as New AML Rules Come Into Force

An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.

Business  ·  23 March 2021

CipherTrace Releases Its FATF-Friendly AML Tools for Crypto Exchanges

Cryptocurrency firms in Singapore already need to have a Travel Rule solution in place to get a license.

Business  ·  11 March 2021

‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule

Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.

Policy & regulation  ·  18 February 2021

BitMEX Introduces Data Storage Framework for FATF’s Travel Rule

Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.

Business  ·  9 February 2021
Travel Rule

South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change

South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.

News  ·  6 November 2020

Identity Startup Notabene Launches Exchange Tool for FATF Travel Rule Compliance

A Financial Action Task Force meeting this week is proving to be a popular time for industry players to launch compliance-minded tech solutions.

Policy & regulation  ·  23 June 2020

Crypto Firms Establish Messaging Standard to Deal With FATF Travel Rule

The standard defines a uniform model for data that must be exchanged by crypto firms alongside transactions.

Policy & regulation  ·  7 May 2020
Crypto Tracing

CipherTrace’s New Crypto Tracing Tool Is Meant for Banks

CipherTrace is rolling out a toolkit to help banks flag accounts and crypto-related transactions that may be suspicious.

News  ·  28 April 2020