AML regulations

Highlights: The Hong Kong Insurance Authority has proposed a new law that allows insurance firms to invest in cryptocurrencies. Public feedback on the new proposal is expected next year, after which lawmakers will decide whether to approve it. The proposal […]

Highlights: Canada is facing rising risks as unregistered crypto services allow cash movement with almost no identity checks. Illegal cash-for-crypto deals expose a system that lets people move funds without verification or proper AML oversight. Investigators found operators in major […]

Highlights: South Korea may allow foreign investors to trade crypto if exchanges follow anti-money laundering rules. New rules could bring more liquidity to the crypto market and reduce restrictions on foreign traders. Authorities are focusing on strong anti-money laundering measures […]

Highlights: South Korea is making stricter rules to stop money laundering through crypto. A new task force will track fraud, phishing, and transactions to stop financial crimes. Authorities are watching Japan’s move and may follow if Bitcoin ETFs get approval. […]

Highlights: AUSTRAC is taking action against crypto providers who do not follow AML laws and has penalized 13 firms. Several executives are facing legal action, while two major exchanges were removed from the register after filing for bankruptcy. AUSTRAC plans […]