Japan’s crypto Anti-Money Laundering measures to start in June: Report
The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.
A crypto regulatory storm front is coming in 2023. Are we ready for it?
Laws to prevent another FTX blowup, crackdowns on crypto tax cheats, and a ruling on Ripple are likely imminent. A bull’s eye is also on DeFi, writes Gergo Varga of SEON.
Trust in crypto is in shambles. How can we rebuild it?
Greater transparency and confidence in who you are transacting with could go a long way toward alleviating public mistrust, writes Travis Nelson of Quadrata.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF’s “Travel Rule” includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
What DeFi Must Sacrifice to Appease Regulators
The “internet financial system” is a pro-compliance, but pro-privacy framework to build crypto protocols which satisfy regulators and consumers.
India subjects crypto transactions to anti-money laundering law
The operators face an obligation to store the transactions’ data for ten years and pass it to regulators on demand.
How DeFi can keep out bad apples while upholding crypto’s core ideals
Crypto users need not fear the increasing KYC/AML requirements around the world and loss of privacy, writes Kurt Hemecker of the Mina Foundation. Here’s why.
Innovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and that DeFi should program in some compliance.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
