FATF published its sixth update on AML measures for virtual assets, highlighting the urgent need for stronger global action against illicit finance risks. The report reveals concerning trends…
Announced by Chancellor Rachel Reeves at the Innovate Finance Global Summit, the framework will bring crypto exchanges, custody services, and related activities within the regulatory perimeter…
HMRC is working with TRM Labs to help fight crypto-enabled money laundering. TRM Labs’ contract includes the provision of ‘analytical or scientific software’ and ‘investigation and security…
The HKMA has published draft guidelines for stablecoin issuers and anti-money laundering procedures following the enactment of stablecoin legislation, with responses required by the end of June. Key…