Tag: KYC (Know Your Customer)

Central Bank of Ireland fines Coinbase Europe €21.4M for AML/CTF breaches. Over 30 million transactions were unmonitored, totaling $203 billion, ...

FINTRAC fines Cryptomus C$176.96M, a record, for failing to report thousands of suspicious transactions linked to illicit activities. This highlights ...

Centralized crypto exchanges, not mixers like Tornado Cash, are the real hubs for money laundering. Regulators must strengthen KYC and ...

Binance re-enters South Korea after regulators approve Gopax executive changes. This move follows Binance's resolution of U.S. compliance issues, aiming ...

South Korea's FIU is reviewing Binance's Gopax acquisition, potentially allowing re-entry after a two-year pause. U.S. compliance resolutions appear to ...

KuCoin faces a C$19.5 million penalty from FINTRAC for AML violations in Canada. The crypto exchange failed to register, report ...

Binance, the crypto exchange, is in talks with the U.S. Justice Department to end its compliance monitoring early. This follows ...

Galaxy Digital is tokenizing its SEC-registered shares on Solana via Superstate's Opening Bell. This move marks a step into Real ...

Thailand launches "TouristDigiPay," an 18-month pilot program allowing tourists to convert crypto to Thai baht for spending. The initiative, overseen ...

Paxos, a stablecoin issuer, was fined $26.5 million by NYDFS for compliance failures, including issues with KYC and transaction monitoring. ...