OKX Freezes $40K in Stablecoins After User Buys KYC Accounts — CEO Explains Why
OKX has frozen around $40,000 in stablecoins after a user admitted to purchasing KYC-verified accounts, prompting a public respons...
Korbit fined $1.9 million for anti money-laundering, customer verification breac...
The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae As...
South Korea to Tighten Crypto Tracking on Transfers Under 1 Million Won — New Ru...
South Korea is expanding its crypto Travel Rule to cover transfers under ₩1 million (~$680), requiring exchanges to track sender a...
Binance Gains AML Registration in Pakistan as It Advances Toward VASP Licensing
Binance has obtained AML registration from Pakistan’s PVARA and has moved onto a compliance path toward a full VASP licence. PVARA...
CZ Answers ‘Delicate Question’ About Binance Fund After Trump Pardon
CZ has proposed investing any refunded $4.3B Binance settlement in the U.S. as a gesture of appreciation after his Trump pardon, w...
a16z Pushes Treasury for Privacy-First Digital Identity in GENIUS Act
TLDR a16z recommends privacy-preserving digital ID to strengthen AML compliance. Zero-knowledge proofs and multi-party computation...
Canada Slaps Cryptomus with $126M Fine for Massive AML Failures
TLDR: FINTRAC fined Cryptomus $126M for failing to report 2,500+ suspicious crypto transactions tied to criminal activity. The fin...
Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus
Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomw...
Coinbase Pushes Treasury for AI and Blockchain Reforms in Crypto Compliance
TLDR: Coinbase wants Treasury to create safe-harbors for AI in AML to reduce false positives and speed crypto compliance. APIs mus...
Binance Faces New AML Scrutiny as France Expands Crypto Probe
TLDR: France expands AML checks on major crypto exchanges to ensure tighter compliance with EU financial rules. Binance is coopera...