April 01, 2022
TechREG Weekly: Regulatory Spree for Crypto, Big Tech Continues

The cryptocurrency industry has had a busy week following all the regulatory proposals in the United States, the United Kingdom and Europe, from tougher rules in the European Union, which...

April 01, 2022
FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies

The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering (AML) violations in just 14 months (from January 2021 to March 2022). Recent data...

March 31, 2022
EMEA Daily: Adyen to Expand Into Embedded Financial Products; Klarna...

In today’s top Europe, Middle East and Africa news, Dutch payments group Adyen introduced new financial products, while Swedish buy now, pay later (BNPL) firm Klarna debuted a business unit...

March 31, 2022
With AML Proposal, ECB Gives Digital Euro Leg up on...

On Monday (March 28), EU lawmakers proposed an anti-money laundering (AML) regime that would require identification and screening for any cryptocurrency or stablecoin transaction, no matter how small. Then on...

March 30, 2022
EMEA Daily: PropTech Startup Goodlord Raises £27M to Boost UK...

In today’s top Europe, Middle East and Africa news, PropTech startup Goodlord has raised £27 million ($35.5 million) in a Series B funding and Andela has launched a platform designed...

March 30, 2022
Officials: EU Considers New Round of Russia Sanctions

The European Union is considering a new round of sanctions against Russia in response to its war in Ukraine. That’s according a report Wednesday (March 30) by the Wall Street...

March 30, 2022
FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of...

The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. The report contains data by industry, state and type of filing since...

March 29, 2022
Italy’s Central Bank Bans Online Bank N26 From New Clients,...

The Bank of Italy has banned the local unit of online German bank N26 from signing up new customers, due to checks late last year that flagged money laundering risks,...

March 29, 2022
UK To Propose New Crypto Rules

The Financial Conduct Authority (FCA) is ending its Temporary Registration Regime (TRR) for crypto asset businesses on March 31, and those companies that are not registered may not be allowed...