Tag: financial integrity

Germany’s Anti-Money Laundering Efforts Intensify: 13 Crypto ATMs Seized in Recent Raids

German authorities seized 13 crypto ATMs and €250,000 in cash in a significant anti-money laundering operation.  Simple access to cryptocurrencies has raised regulatory concerns due to money laundering threats.  Strict AML regulations ensure transparency and prevent illegal activities. In a significant crackdown on potential money laundering activities, German authorities recently seized 13 crypto ATMs and €250,000 in cash...

Collaborative Regulation: CBN and SEC’s Approach to Crypto Oversight in Nigeria

The Central Bank of Nigeria (CBN) has clarified that the Nigerian Securities and Exchange Commission (SEC) regulates cryptocurrencies. The CBN's commitment to collaborate...

Embracing the Digital Future: South Africa’s Regulatory Path for Cryptocurrencies

South Africa's Financial Sector Conduct Authority (FSCA) has granted operating licenses to 59 cryptocurrency businesses. The authority received a total of 355 applications...