Tag: Regulatory Compliance

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...

Ghana Moves to Regulate Crypto Market: BoG Announces New Draft Guidelines for Exchanges

The Bank of Ghana (BoG) has introduced draft guidelines to regulate cryptocurrency exchanges in the country. Cryptocurrency exchanges, or Virtual Asset Service Providers...

Anduro Streamlines Global BTC Transfers with Cutting-Edge Blockchain Solutions

Anduro, developed by Marathon Digital, aims to transform cross-border BTC payments by utilizing Bitcoin layer-2 solutions to make international transactions faster and more...

Kotani Pay’s CASP License Marks Milestone for Africa’s Crypto Industry

With its CASP license, Kotani Pay has made history as the first blockchain fintech company in South Africa. The platform includes an API,...

The Polygon AggLayer Protocol: Seamless Network Interoperability

Polygon plans to bridge with layer 1 blockchains such as Solana to enhance blockchain interoperability and scalability. As an emerging AI altcoin, InQubeta...

Worldcoin Expands WLD Token Supply by 19% for Growth

Worldcoin intends to raise the circulating supply of WLD tokens by 19% via private sales to institutional partners. World Assets will introduce up...

Nigeria central bank forced to deny claims of crypto account freeze

Nigeria Central Bank denied issuing a mandate to freeze cryptocurrency-related accounts. Regulatory monitoring highlights the importance of compliance and openness in Nigeria's financial...

Meta Aims to Ignite Enterprise Productivity With Open Meta Horizon os

Third-party headset manufacturers can now integrate Meta Horizon OS, increasing Meta's VR ecosystem. Asus prioritizes gaming, whereas Lenovo emphasizes work, learning, and entertainment. ...

VALR Exchange Makes History: Secures Dual Crypto Licenses in South Africa

VALR exchange has been licensed by the Financial Sector Conduct Authority (FSCA). VALR's commitment to regulatory compliance and investor protection is demonstrated through...

ASIC Appeals Court Decision on Finder Wallet’s Earn Products

The Australian Securities and Investments Commission (ASIC) has appealed a federal court decision that found Finder Wallet's "Earn" product compliant with Australian financial...

SEC’s Uniswap Showdown: Navigating DeFi’s Regulatory Storm

The SEC's actions align with its broader efforts to regulate companies using digital assets, including Coinbase. UniSwap expressed concerns about the SEC's regulatory...

Binance NFT Ceases Support for Bitcoin NFTs

Crypto Titan discontinues Bitcoin-based Binance NFT to streamline product offerings. Users should remove Bitcoin NFTs from the NFT Marketplace by May 2024 to...

Thailand Strengthens Digital Asset Regulation Through Collaborative Efforts

Thailand blocks access to unauthorized cryptocurrency platforms, supports law enforcement efforts against cybercrimes. Ministry of Digital Economy and Society directs Thai SEC to...

Charting Hong Kong’s Path to Cryptocurrency ETF Dominance

Hong Kong joined the cryptocurrency ETF market like the US, intending to become a major player. Asset managers in mainland China create ETFs...

Utilizing USDC for Payment Solutions: Stripe’s Crypto Renaissance

The USDC stablecoin is a return to cryptocurrency payments for Stripe on multiple blockchains. At the Connect developer conference, John Collison unveiled...

Samourai Wallet Founders Charged: Privacy, Regulation, and Cryptocurrency

Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill are arrested and charged with conspiracy to commit money laundering. The indictment alleges that...