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Category : Regulation

accountable institution crypto assets crypto-assets service providers Cryptocurrency Exchange Financial Action Task Force Financial Intelligence Centre Financial Intelligence Centre Act Financial Services Regulation Suspicious activity Tito Mboweni

South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards

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South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the...
appeals court Bitcoin Regulation Bitfinex commodity ifinex Letitia James New York Attorney General News NY State Supreme Court’s Appellate Division NYAG NYAG v. Ifinex Regulation Security Tether Tether Limited USDT virtual assets

Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

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The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state...
Crypto clampdown Danske Bank Denmark Estonia Estonian Financial Intelligence Unit (FIU) License cancellation Madis Reimand Money Laundering Regulation

Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

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Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin...