Kraken to Delist Monero in the European Economic Area Amid Regulatory Changes
Kraken will delist Monero in the EEA by October 31, 2024, due to regulatory changes, with withdrawals open until December 31. #Crypto #Monero #Kraken
AML
India’s Financial Intelligence Unit to Approve Two More Offshore Crypto Exchanges
India’s FIU to approve two crypto exchanges by 2025, after strict AML reviews as more competition and liquidity is expected.#FIUIndia #CryptoRegulation
United Texas Bank Faces Federal Scrutiny Over Crypto Dealings
United Texas Bank hit with a Fed cease-and-desist order over #AML compliance issues tied to #crypto dealings. #Crypto #Banking
Fed Cracks Down on Customers Bancorp Over Crypto Risk Management Failures
#Fed cracks down on Customers Bancorp for #AML and risk management failures in its #crypto operations, mandating major policy overhauls.
VeChain Set to Transform $4 Trillion Market with Innovative Real World Asset Tokenization
#VeChain leads the $4T #RWA tokenization market with transparent, sustainable, and efficient #blockchain tech. #Blockchain #Crypto
Taiwan Strengthens Crypto Rules with New Anti-Money Laundering Updates
#Taiwan strengthens #AML laws, mandating crypto firms to register or face penalties. Overseas platforms must set up local entities.
BitMEX Pleads Guilty to Bank Secrecy Act Violations
#BitMEX pleads guilty to violating the Bank Secrecy Act, failing to implement AML measures from 2015-2020. #CryptoNews #AMLCompliance
Paxful Co-Founder Pleads Guilty in AML Conspiracy Case
#ArturSchaback admits to failing #AML duties at #Paxful, faces 5-year sentence and $5M fine, resigns from board. #Paxful #AML
Binance Penalized $2.25 Million in India: Signal of Tougher Cryptocurrency Oversight?
#FIU fines #Binance $2.25M for #AML violations in India. Global scrutiny grows amid regulatory actions in #Canada and #Nigeria.
Taiwan Launches Cryptocurrency Industry Association: What Does This Mean for Global Regulation?
Discover #Taiwan’s new #Virtual Asset Service Provider Association, uniting 24 #crypto firms for regulatory oversight and global industry standards.
