News
Despite Kazakhstan’s public pro-crypto stance, the volume of crypto platforms engaged in illicit financial schemes and closed down increased in 2025.
4267
AML News
Money laundering means taking certain steps to make illegal earnings look as if they were earned legally. What is AML? Anti-Money Laundering regulations generally put parameters and requirements in place in an effort to make such activities more difficult and to ward off such behaviors. In line with AML regulation compliance, companies and financial institutions must vet their customers through due-diligence procedures and prove the legal source of a customer’s assets. Such due-diligence measures include requiring money movements larger than a certain threshold to be recorded and disclosed to applicable agencies. While they are not the same as AML, KYC laws — or Known Your Customer laws — are commonly grouped together with it.
It is the responsibility of companies to notify customers about Anti-Money Laundering practices and required procedures. AML is not only considered useful in fighting money laundering itself, but it also helps prevent illegal activities by discovering the source of this money and assists by following criminals through the tracking of financial flows. AML, however, can be a strain on companies.
- Opinion
Current compliance rules create data honeypots that endanger users. Zero-knowledge proofs enable verification without exposure and privacy as a competitive edge.
2004 - Market Analysis
Traders and data suggest that Bitcoin may benefit from the US government shutdown, but how long will the gains last?
6106 - News
Turkey plans new legislation letting Masak freeze crypto accounts to fight money laundering, aligning with FATF standards.
2927 - Opinion
Stablecoins’ transparent blockchain nature could revolutionize financial crime detection, giving law enforcement unprecedented global transaction visibility.
2952 - News
Blockchain stakeholders may still negotiate with policymakers on the EU AML framework’s upcoming ban on privacy-preserving tokens, set to go into effect in 2027.
13057 - Opinion
Regulatory compliance is reshaping crosschain crypto as AML blind spots persist in bridges, forcing DeFi protocols to choose between innovation and adoption.
1709 - Explained
Australian authorities busted a $123-million crypto fraud. The scheme used seemingly legit businesses for crypto money laundering.
- News
Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance.
33477 - News
Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold.
6007 - News
AUSTRAC has ordered Binance Australia to appoint an external auditor after identifying serious shortcomings in the exchange’s Anti-Money Laundering controls.
2454 - News
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
15264 - News
The Bank for International Settlements floated a compliance score for crypto-to-fiat off-ramps, using transaction history to flag and potentially freeze “tainted” assets.
8147 - Opinion
With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud.
3295 - Explained
New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance.