A Guide to Anti-Money Laundering for Crypto Firms


The European Parliament has outlined new legislation that ensures the traceability of crypto-assets. The rules are part of a wider anti-money laundering (AML) package that will align with the Markets in Crypto-assets rules (MiCA).  The legislation extends the Financial Action […]

On a mission to help the next 100 million people build their wealth with crypto, Finblox is a Hong Kong-based startup aiming to help people protect their savings from inflation.

Hong Kong’s government has set out amendments to its Anti-Money Laundering and Counter-Terrorist Financing Ordinance, including a virtual asset service provider (VASP) licensing regime. The government is also launching a registration program for dealers in precious metals and stones (DPMS). […]

Is Cryptocurrency Legal in Malaysia? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with the Malaysian Securities Commission  Although cryptocurrencies are legal in Malaysia, they are not considered legal tender. The country’s central bank, Bank Negra Malaysia, has issued […]

Non-fungible tokens (NFTs) are digital representations of a real-world object, bought by collectors and usually sold online. They are supported by blockchain technology – often the Ethereum blockchain – and contain built-in authentication, which serves as proof of ownership.

The Financial Conduct Authority (FCA) and the Treasury have issued significant updates to the UK’s current and proposed crypto regulatory framework in recent months. But as the industry evolves and matures at a rapid pace, the government’s wider strategy around […]

Driven by advances in blockchain technology, the spread of cryptocurrency has introduced new financial possibilities in jurisdictions around the world. However, the opportunities and benefits of cryptocurrencies have been accompanied by new risks, as criminals use regulatory blindspots to launder […]

Trade association UK Finance has issued a new report calling for further action from the UK government and regulators to mitigate a “ransomware scourge” that produced over 620 million detected attacks in 2021. The report details growing concerns around cryptocurrencies […]

G7 finance ministers have called for action to “monitor and address financial stability risks arising from all forms of cryptoassets.” Meeting in Germany, the group argued for the implementation of the Financial Action Task Force (FATF) travel rule, and stronger […]

The European Central Bank (ECB) has released a new working paper as part of its 24-month central bank digital currency (CBDC) project. The paper focuses on the technical aspects of a potential digital euro and examines digital economy pain points […]