January 11, 2023
FCA Fines Al Rayan and Guaranty Trust Banks For AML...

The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on Tuesday (Jan. 10), Guaranty Trust...

January 09, 2023
French Regulator Pushes Faster Mandatory Licensing For Crypto Firms

France’s financial markets authority (AMF) wants to force crypto companies to seek a license if they aren’t already registered in the country, its chair Marie-Anne Barbat Layani said on Monday.Barbat-Layani...

January 05, 2023
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory...

 Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button itself up and for industry...

January 04, 2023
UK Law Enforcement Assembling Dedicated Crypto Unit

The U.K.’s National Crime Agency (NCA) is assembling a dedicated crypto unit. According to a post on the government’s jobs board, the NCA, a national agency that investigates organized crime,...

January 04, 2023
Coinbase Reaches $100mn Settlement With NY Regulator

US-based cryptocurrency exchange Coinbase Global Inc has reached a $100 million settlement with New York’s Department of Financial Services (DFS), the exchange and the regulator said in statements on Wednesday....

January 03, 2023
Italy’s 26% Crypto Tax Signals Dwindling Band of Global Havens

Italy’s 26% crypto tax shines a light on different global approaches to crypto taxation. When crypto assets first exploded onto the world stage, governments scrambled to tax the fast-moving and...

January 02, 2023
Crypto Exchange Binance Aiming to Buy South Korea’s Gopax

Crypto exchange Binance has almost completed its acquisition of South Korean exchange Gopax.  Binance has completed due diligence, is now in the final steps of the acquisition process and plans...

December 29, 2022
Financial Crimes and Scams Will Be Among 2023’s Few Certainties

The year 2023 holds few certainties, but financial crimes and scams will be among next year’s sure bets. The past year has seen any number of headlines and breathtaking heists...

December 27, 2022
Businesses Tame Market Volatility With Multi-Currency Wallets

Foreign exchange (FX) volatility presents challenges for cross-border payments, but digital multi-currency wallets offer a solution. According to Ola Oyetayo, CEO at B2B cross-border FX and payments enabler Verto, several...