WazirX Under Investigation by India’s Enforcement Directorate

This new investigation is linked to a money laundering investigation into Chinese-owned illegal online gambling applications.

UK Regulator Extends Registration Deadline as Companies Fail AML Test

The FCA said it was extending the deadline because many businesses were not meeting the required…

RBI: Banks Can’t Cite 2018 Circular to Deny Services to Customers Dealing With Crypto

The Reserve Bank of India has issued a notification to banks on how to relate with…

OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools

The requested application will be used by investigators in order to properly analyze and monitor virtual…

CipherTrace Reports Decrease in Crypto Crime Since Beginning of the Year

CipherTrace’s latest report on cryptocurrency and blockchain security showed a marked fall in crypto crime through…

ING Report Advocates Best of Both Worlds Approach to DeFi Integration

Despite a purported divide between traditional finance and decentralized finance, both paradigms could benefit global finance…

AllianceBlock Partnership With GBG Seeks to Streamline DeFi KYC

Decentralized capital market AllianceBlock and identity data intelligence specialist GBG have announced a strategic agreement, which…

Crypto Ransomware Epidemic Attracts Potential Financial Regulatory Clampdown

A panel consisting of government officials and industry experts is expected to call for more aggressive…

Is Removing Privacy Coins From Exchanges Justified?

Using privacy coins offers near-anonymity. This is their main appeal, but also why exchanges are dropping…

Wirex Suspends New Registrations to Improve AML in UK

Cryptocurrency payments firm Wirex announced a temporary pause on new user registrations in the UK, starting…

Ireland Pushing Crypto Entities to Comply with AML Laws

Ireland has proposed a new regulation that would prevent users from trading cryptocurrencies anonymously. The new…

Dirty Bitcoins: How to Conduct an Anti-Money Laundering Check on Your Crypto

What is a dirty bitcoin? A coin is considered “dirty” if it’s been involved in any…