August 10, 2022
EMEA Daily: LianLian Brings Financing Options to UK eCommerce; QED...

In today’s news from Europe, the Middle East and Africa (EMEA), cross-border payments company LianLian expands its services to merchants in the U.K., and FinTech-focused venture capital firm QED Investors...

August 09, 2022
What the UK’s Economic Crime Bills Mean for Anti-Money Laundering...

Last week saw the implementation of the U.K.’s long-awaited “Register of Overseas Entities,” a cornerstone of the government’s Economic Crime Act. But what is “economic crime” and why has the...

August 09, 2022
PYMNTS Cryptocurrency Glossary: Regulations, Legal and Crime

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part, because it was created...

August 09, 2022
Fourth BitMEX Figure Pleads Guilty to Failing to Implement AML,...

In the fourth admission to violations of U.S. law among top figures at BitMEX, the crypto exchange’s former head of development pleaded guilty to failing to put compliance programs in...

August 08, 2022
Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations

The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML) and cybersecurity regulations, The Wall Street...

August 08, 2022
Crypto Compliance Officers Face Added Pressure

Increasing focus on the cryptocurrency industry has placed new pressure on crypto compliance officers and legal professionals, who worry regulators will hold them personally responsible for issues at their companies....

August 07, 2022
Israel: At the Confluence of FinTech, Cybersecurity Innovation

Israel is well known as a world leader in cybersecurity and a critical innovation hub driving the development of tools and resources aimed at fighting cybercrime and managing the increased...

August 04, 2022
Dai or Die: ‘Payment Stablecoins’ and Why the Taxonomy of...

With a market capitalization of almost $7.5 billion, Maker’s Dai token is the 12th largest cryptocurrency overall, and the fourth-largest stablecoin behind Tether’s USDT, Circle’s USD Coin and Binance USD....

August 04, 2022
Binance’s Rebooted Compliance Team Looks to Burnish Bruised AML Reputation

Last year was rough on the world’s largest crypto exchange, Binance, as it was buffeted by a string of regulatory battles that forced it to withdraw from or pull services...