AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings
An Australian financial intelligence agency has ordered Binance Australia to appoint an external auditor within 28 days due to “serious…
Tag: AML
BIS Bulletin Proposes Revamping Crypto AML Measures With Compliance Scores
The paper, issued by BIS economists, proposes using blockchain as a transaction history to overcome the limitations faced by current…
Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership
The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due…
AML Bitcoin Founder Sentenced as DOJ Uncovers Lavish Fraud Fueled by Lies
A high-profile crypto fraud imploded as AML Bitcoin’s founder was sentenced to seven years in prison after duping investors with…
Zebec Network acquires Gatenox to integrate native KYC, KYB, and AML into its payment infra
Zebec Network, a decentralized real-time payment streaming platform, has acquired Gatenox to integrate native KYC, KYB, and AML compliance into…