Anti-Money Laundering

Coinbase on phone
Coinbase Taps Morgan Stanley Lawyer to Head Enterprise Compliance
Ian Rooney clocked almost 10 years at Morgan Stanley.
Coinbase on phone

Japanese flag By OiMax on Flicker
Japan to Adopt FATF Travel Rule for Crypto
The FSA wants to implement the rule by April 2022.
Japanese flag By OiMax on Flicker

FCA
UK Crypto Companies Now Have to Submit Financial Crime Reports
The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000.
FCA

Wirex pause
Payments Firm Wirex Pauses New Customer Onboarding on FCA Orders
The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.
Wirex pause

Bitcoin and rubles
Russia to Track Bitcoin Cash-Outs: Report
Russia's anti-money laundering agency is going to identify and track down bitcoin-to-fiat sales, the government official said.
Bitcoin and rubles

South Korean Crypto Exchange OKEx to Shut Down
South Korean Crypto Exchange OKEx to Shut Down
OKEx, one of South Korea’s largest crypto exchanges, announced it will close down due to new anti-money laundering (AML) guidelines that would make it too difficult to continu...
South Korean Crypto Exchange OKEx to Shut Down

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.
Korean Government Approves Crypto AML Rule Set to Come Online Thursday
Crypto companies have until September to register with financial regulators.
The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

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Russia's Darknet Criminals Have Novel Crypto Cash-Out System: 'Buried Treasure'
A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”
nadjib-br-51Ms-0PbCHo-unsplash

dublin, ireland
Central Bank of Ireland Expands Anti-Money Laundering Regime
The new requirements take effect in April.
dublin, ireland

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‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule
Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.
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