AML

tether

Tether to Track Stablecoin Network Activity with Chainalysis Suite

Chainalysis is rolling out a global compliance solution for Tether (USDT). The announcement just happens through a press release. As a result, the stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The tracking is possible via Chainalysis’ Know-Your-Transaction (KYT) suite which allows token issuers to monitor the activity of […]

FINMA wants to bring stricter AML rules for crypto transactions

FINMA Wants to Bring Stricter AML Rules for Crypto Transactions

The Swiss Financial Market Supervisory Authority (FINMA) suggests a plan to bring stricter anti-money laundering rules for crypto transactions. As per the proposal, crypto transactions of over 1,000 Swiss Francs will require client identification as opposed to the current limit of 5,000 francs. FINMA said the new limit is due to heightened money laundering risks […]

Malta needs to work on its AML defends.

Malta Needs To Pump Up AML Defense: European Union

According to the European Union (EU), Malta needs to strengthen its anti-money laundering (AML) policies. It requires to look after the policing to meet the requirements of growing crypto sectors. As per the report, the European Commission says that the island’s financial, gaming industry and growing crypto sectors require strong AML administration. It states in […]

Rakuten And CipherTrace

Rakuten And CipherTrace Team Up For A New Crypto Exchange

Rakuten and CipherTrace are teaming up to set-up Rakuten’s’ upcoming crypto exchange. It is a Japanese e-commerce mammoth and CipherTrace is a blockchain analytics firm. The latter has assured to create anti-money laundering (AML) processes for the Rakuten Wallet platform. The giant has already started registering accounts for those who are connected to Rakuten bank. […]

Gatecoin partners with coinfirm for cryptocurrency anti-money laundering

Gatecoin Partners With Coinfirm For Cryptocurrency Anti-Money Laundering

Gatecoin, a Hong Kong-based cryptocurrency exchange, has partnered with Coinfirm for its cryptocurrency anti-money laundering (AML) risk and compliance platform. Gatecoin has also become a member of the AMLT Network. Utilizing the AML Platform, Gatecoin intends to enhance security for traders and simplify the registration process for crypto-to-crypto trading.