Irish Cabinet to Pass New Crypto Laws to Tackle Money Laundering and Terrorist Financing

KYC	2020-8-11 15:07

The cryptocurrency scene in Ireland will be stricter in days to come if the country adopts new laws to streamline business operations of digital asset entities to combat money laundering and terrorist financing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.01 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Цена в час новости $ 0.0025847 (-100%)

laundering terrorist financing money laws new streamline

172 +

Источник: btcmanager.com

laundering terrorist → Результатов: 46

Irish Govt to Target Cryptocurrencies Use in Money Laundering And Terror Financing

The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital assets. In a report first published by Irish Examiner, the Cabinet is set to approve Justice Minister Helen McEntee’s bill, Money Laundering and Terrorist Financing Amendment Bill 2020, to place more […]

2020-8-11 16:38	Legal & Regulation
financing laundering irish money bill cabinet set

287 +

FATF: stablecoins can be used to launder money

The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.

2020-7-12 14:31	News
money stablecoins fatf laundering risks using financing

199 +

U.S. Authorities Point Searchlight into Crypto’s Role in Trafficking

Republicans and Democrats in the Senate Banking Committee are putting preparations in top gear to introduce a bill that would mandate the Government Accountability Office (GAO) to critically study the role of bitcoin (BTC) and other cryptocurrencies in illicit activities such as human and drug trafficking, money laundering, terrorist financing as well as other onlineRead MoreRead More.

2020-7-3 14:00
trafficking role activities cryptocurrencies illicit btc critically

183 +

Canada Regulates Crypto Exchanges & Companies as Money Service Providers

Canada is now legally recognizing cryptocurrency exchanges and payment processors as Money Service Businesses (MSB). The new regulation, which is the amendments to Proceeds of Crime (Money Laundering) and Terrorist Financing Act passed in June 2019 was enacted on June 1st, 2020.

2020-6-4 22:03	Legal & Regulation
money canada june service exchanges financing crime

306 +

Stellar Partners With Blockchain Analysis Provider, Elliptic; XLM Transactions Will Now Be Screened

On the 30th of April, Stellar and Elliptic formally signed the partnership agreement with Stellar posting the news on their official twitter handle the same day. Elliptic’s main task is helping cryptocurrency firms through its analytics to manage and eliminate risks like terrorist financing, money laundering, and other illegal activities. With this new partnership, Stellar […]

2020-5-1 16:21	Stellar (XLM)
stellar elliptic partnership manage analytics firms task

278 +

Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’

Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly.

2019-10-22 03:00
aml kyc business bad terrorist makes everyone

184 +

Global Monetary Enforcer FATF Shares Concerns About Libra And Stablecoins

The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […]

2019-10-19 22:34	Facebook
libra financial stablecoins fatf concerns achieve mass

228 +

FATF Joins BIS in Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns

Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.

2019-10-19 22:30	Stablecoins
risk money fatf stablecoins laundering financing joins

172 +

‘There is No Status Quo Option for Libra,’ Says Facebook’s David Marcus

Coinspeaker ‘There is No Status Quo Option for Libra,’ Says Facebook’s David MarcusThe fear for many authorities is that Facebook's Libra could heavily disrupt the financial system and potentially enable illicit activities like money laundering or terrorist financing.

2019-10-17 12:19	Visa
libra facebook david quo says option status

163 +

All cryptocurrencies should have AML and Terrorist Financing Measures built-in from the get-go, clarifies U.S. Treasury

Although Facebook’s Libra initiative hit a hard stop just before the launch, discussions around restarting the project is one of the hottest topics within the U. S. jurisdiction. As of latest, a senior U.

2019-9-11 01:45	Trading View
financing treasury get-go libra project all clarifies

184 +

UN Official States Crypto Makes Tracking Cybercrime More Difficult

Neil Walsh, chief of the cybercrime and anti-money laundering arm of the United Nations' department on drugs and crime, has stated that the "anonymizing and pseudo-anonymizing" aspects of cryptocurrencies have made it extremely difficult to combat terrorist financing, money laundering, and cybercrime.

2019-8-31 19:58	law and legislation
cybercrime laundering difficult stated cryptocurrencies pseudo-anonymizing aspects

245 +

Cryptocurrency Regulations: The Good, The Bad And the Future

In June 2019, the Financial Action Task Force (FATF), an inter-governmental agency created to address and reduce international money laundering, terrorist financing, and other financial threats, released new guidelines for international banks.

2019-8-12 17:19	Industry
international cryptocurrency g20 june financial good bad

212 +

15 nations are reportedly banding together to monitor suspect cryptocurrency transfers

Some 15 countries, including Australia and Singapore, are reportedly banding together to create a data collection and sharing system on individuals carrying out cryptocurrency transactions. According to Nikkei, the common goal would be to prevent funds from being laundered or used to finance terrorist organizations.

2019-8-9 16:22	hard fork
system banding reportedly countries together cryptocurrency money

357 +

US Treasury Secretary Mnuchin Attacks Bitcoin, Libra

US Treasury Secretary Steven Mnuchin touched upon Bitcoin and Facebook’s Libra cryptocurrency in a Monday press conference, voicing concerns about the misuse of cryptos for money laundering and terrorist financing.

2019-7-16 00:45	Steven Mnuchin
libra mnuchin bitcoin secretary treasury press conference

158 +

Bitcoin (BTC) Above $4,000 But Swedbank is now “restrictive” to Crypto

Bitcoin price stable and bullish Swedbank says crypto tools of money laundering and terrorist financing Transaction volumes low despite recovering prices Ironically, Swedbank is now restrictive to cryptocurrency transactions because they want to prevent “money laundering and terrorist financing.

2019-3-30 20:17
bitcoin swedbank laundering money restrictive crypto terrorist

189 +

LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC

The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.

2019-3-28 18:00	Regulation
localbitcoins bitcoin users new account cryptocurrency country

353 +

After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works

As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.

2019-3-20 18:42	Regulation
cryptocurrency regulations crypto new quadrigacx exchanges securities

730 +

Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.

2019-3-20 16:49	Op-ed
cryptocurrency world blockchain aml money kyc technology

493 +

Ireland Increases Oversight for Cryptocurrency Exchanges and Financial Institutions

In a bid to curb the activities of bad actors who use cryptocurrencies to facilitate illicit gains such as terrorism financing, Irish authorities are set to approve the Criminal Justice Money Laundering and Terrorist Financing Amendment Bill 2019, according to The Irish Times report on January 4, 2018.

2019-1-5 06:00	Regulations
irish financing cabinet cryptocurrency 2018 amendment approves

248 +

Dutch Central Bank Keen to Regulate Crypto Companies to Deter Money Laundering

De Nederlandsche, the Dutch central bank, is keen to regulate cryptocurrency companies to deter money laundering and terrorist financing. According to December 11, 2018, reports from Dutch Daily newspaper, De Telegraaf, cryptocurrency companies may require a license to continue operating in the near future.

2018-12-13 07:00	Regulations
cryptocurrency dutch companies laundering money license central

180 +

Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering

The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central bank, under draft legislation designed to prevent crypto assets such as BTC from being used […] The post Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering appeared first on Bitcoin News.

2018-12-12 18:15
money laundering bid regulate netherlands prevent bank

189 +

Financial Action Task Force Says UK Must Improve AML/CTF Strategies For Crypto

While the risk of cryptocurrency being used for money laundering or terrorist financing in the UK may be low, the regulatory body nonetheless asks that the country improve its crypto regulations.

2018-12-12 21:47	law and legislation
improve crypto low terrorist may financing regulatory

168 +

UK Crypto Exchanges Pose Low Money Laundering Risk, Says Global Watchdog

Crypto exchanges in the U.K. pose a “low” risk for money laundering and terrorist financing, says a report from the Financial Action Task Force.

2018-12-11 12:10
laundering says money risk low crypto exchanges

136 +

Bitcoin Price Analysis: BTC is a “Melting Ice Cube” Says CEO

Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to terrorist funding and money laundering” to admitting how transformational Bitcoin and cryptocurrencies have been especially.

2018-12-7 06:00
bitcoin ceo like says price cube analysis

262 +

Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx

In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled that the bank acted in compliance with laws on money laundering and terrorist financing, a threat allegedly posed by censorship-resistant, decentralized cryptocurrencies.

2018-12-6 14:30
accounts crypto bank exchange orionx court closing

250 +

Financial Information Unit (FIU) Report: Banks More Vulnerable To Terrorist Financing Than Bitcoin

It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU).

2018-12-2 01:45	News
financial fiu information financing korean terrorist report

241 +

Report: Banks Are More Vulnerable to Terrorist Financing Than Crypto

A risk assessment report released by the Financial Information Unit (FIU) found banks more vulnerable to money laundering and terrorist financing risks than cryptocurrencies, Business Korea reported.

2018-11-30 01:00	South Korea
financing banks crypto financial report terrorist vulnerable

188 +

Japan Wants to Regulate Crypto Wallets, Breach of User Privacy?

Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it. The Financial Services Agency (FSA) on Monday revealed its plan to regulate cryptocurrency wallet providers, ItMedia reported.

2018-11-16 15:11	Wallet
japan crypto regulate cryptocurrency financial wallet user

184 +

Thai PM Calls for Stricter Crypto Regulations

Thailand’s Prime Minister Wissanu highlights the need to combat terrorist financing and money laundering through tighter crypto regulations.

2018-11-9 23:32	News
regulations crypto financing terrorist combat tighter laundering

159 +

Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”

Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering, and inefficiencies for the purpose of processing payments.

2018-11-1 03:00	USD
yellen bitcoin chair ex-fed against janet rants

219 +

Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

2018-10-13 23:34	Privacy & security
exchanges report most million these 2018 new

374 +

Six Reasons Why Privacy Coins Are Not Just For Criminals

Privacy-centric digital currencies are coming under more scrutiny as their use on dark web marketplaces is on the rise. Law enforcement agencies and several financial regulators are concerned that anonymous digital currencies could be used to facilitate terrorist financing and money laundering in a de facto untraceable manner.

2018-10-7 21:00	zec
currencies digital example financing acted terrorist japan

247 +

North Korea Using Bitcoin And Monero To Fund Nuclear Program

Ever heard of the term crypto laundering? North Korea (DPRK) is trading, laundering and mining cryptocurrencies such as Bitcoin (BTC) and possibly Monero (XMR) in order to evade U. S. sanctions, intelligence experts tell Asia Times.

2018-9-28 16:30	North Korea
north fund nuclear korea monero bitcoin intelligence

229 +

Regulatory News Have Biggest Impact On Crypto Prices: Report

When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.

2018-9-25 17:30
crypto report prices regulatory think biggest impact

210 +

Crypto Prices React Strongly to Regulatory News, BIS Analysis Shows

Regulatory news and reports about combating money laundering and terrorist financing significantly impact the market performance of Bitcoin (BTC) and altcoins, according to BIS economists Raphael Auer and Stijn Claessens.

2018-9-25 14:27	News
bis regulatory btc bitcoin performance market altcoins

355 +

SEC And FBI Eye Blockchain Analysis Services, Money Launderers Watch Out

“Bitcoin is only used for money laundering and terrorist financing,” cynics of this nascent industry continually cry, as these wanton critics believe that blockchains, in all their the pseudonymous glory, are solely used for illicit acts.

2018-9-25 12:00
money critics used believe sec out blockchain

178 +

Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
gemini paxos standard dollar stablecoins tokens ethereum

551 +

Blockchain Fraud: New Policies and Technologies to Stop Crypto Criminals

Tax evasion, money laundering, and terrorist funding schemes are all major categories of blockchain fraud. So how can legislation and technologies soon be used to stop crypto criminals? The post Blockchain Fraud: New Policies and Technologies to Stop Crypto Criminals appeared first on CoinCentral.

2018-9-6 17:08	Taxes
crypto criminals blockchain stop technologies fraud new

181 +

Crypto Exchange Changelly Confirms It Can Steal Users’ Monero (XMR)

Changelly Can Withhold XMR If KYC Isn’t Completed Privacy coins, such as Monero (XMR), ZCash (ZEC), Horizen (ZEN), are often the topic of controversy within the cryptocurrency community, as some naysayers claim that these assets directly enable money laundering, terrorist financing and the like.

2018-9-5 00:37	XMR
xmr changelly monero crypto these confirms steal

313 +

Group-IB Study Reveals Majority of Cryptocurrency Crimes Happen in US

Cryptocurrency crimes (i.e. money laundering, hacking, terrorist financing, etc.) have become a growing concern for the market, leaving many consumers and investors concerned about its future. As an effort to see whether such activities have a common trend on a geographical basis, software firm devoted to preventing and investigating online crime, Group-IB recently conducted a […]

2018-8-8 00:57	News
crimes cryptocurrency group-ib such trend common whether

167 +

Supposed laundering of cryptocurrency money has London police taking actions

Earlier this year, Europol officials arrested 11 individuals and identified 137 others allegedly involved in a large-scale network for laundering drug money with cryptocurrencies as a part of its Tulipan Blanca operation.

2018-7-24 11:36	treasury
money laundering contrast hong kong tulipan part

205 +

FATF to Monitor Cryptocurrency Use in Money Laundering & Terrorist Financing

FATF to Introduce New Program Regarding Cryptos and Related-Illegal Uses During U. S Presidency The Financial Action Task Force (FATF) explicitly shared that it will be addressing cryptocurrencies and its associated crimes during its U.

2018-7-20 03:07	News
fatf presidency cryptocurrencies regarding aspects three addressing

229 +

EU Parliament Report: Cryptocurrency Anonymity A Problem, Blockchain Not To Blame

A recent study published by the European Parliament discusses the state of cryptocurrency-related crime, such as money laundering, tax evasion, and terrorist financing.

2018-7-20 00:41	World
parliament such crime cryptocurrency-related state money laundering

242 +

Japan’s bitFlyer Halts Taking on New Business to Fix Issues Following FSA Order

bitFlyer, Japan’s largest Bitcoin exchange, is being forced to stop taking on new business after regulators said it wasn’t doing enough to stop money laundering and terrorist financing. The move by the Tokyo-based exchange saw a drop in the price of the coin and highlights how the country’s financial watchdog, the Financial Services Agency (FSA),.

2018-6-23 22:00
fsa new business japan bitflyer taking stop

254 +

Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24	Regulation
regulations businesses could services significant crypto bitcoin

724 +

Financial Crime Watchdog FAFT to Consider Cryptocurrency Regulations This Month

The international financial crime watchdog, the Financial Action Task Force (FATF), will hold discussions later this month to develop rules for governing cryptocurrency exchanges. It will primarily make sure effective countermeasures are in place to prevent money laundering and terrorist funding, according to a Japanese government official familiar with the matter.

2018-6-13 00:00	South Korea
financial month faft cryptocurrency watchdog crime develop

252 +

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance получила от аргентинского регулятора разрешение на работу в стране

Национальная комиссия по ценным бумагам Аргентины (CNV) внесла криптобиржу Binance в реестр поставщиков услуг виртуальных активов (VASP). Теперь биржа может официально оказывать криптовалютные услуги аргентинским трейдерам.

Власти США закрыли три криптобиржи. Их обвиняют в связи с российским отмыванием денег

По данным Министерства юстиции США, платформы UAPS, PM2BTC и Cryptex обрабатывали более $800 млн в незаконных транзакциях, связанных с киберпреступностью. Теперь эти биржи лишились своих доменов.

Основатель Binance выходит на свободу 29 сентября

Чанпэн Чжао (CZ), основатель криптовалютной биржи Binance, завершает свой четырехмесячный тюремный срок и будет освобожден 29 сентября. Напомним, что CZ был приговорен к четырем месяцам тюрьмы в апреле 2024 года после того, как признал себя виновным в нарушении Закона о банковской тайне.

Криптобиржа BitMEX признала вину в нарушении Закона о банковской тайне

Криптовалютная биржа BitMEX признала себя виновной в нарушении Закона США о банковской тайне и преднамеренном непринятии мер по внедрению программы борьбы с отмыванием денег (AML).

Exclusive: Savl’s COO on new frontiers of KYC

Speaking with crypto.news, James Toledano, Chief Operating Officer at Savl, delved into money laundering and how tainted assets are putting crypto users at risk. Cryptocurrencies are increasingly becoming a tool that is being exploited for money laundering. The anonymity and…

SoSo Value: Капитал начал уходить из гонконгских биткоин-ETF

Аналитики портала SoSo Value сообщили, что спотовые биржевые фонды на биткоин, созданные недавно в Гонконге, начали терять клиентов: за последние сутки впервые случился отток средств (размером $4,79 млн).

Binance tightens KYC standards for corporate clients

Cryptocurrency exchange Binance is tightening its KYC requirements for business clients.

2020-8-11 15:07

laundering terrorist → Результатов: 46

2020-8-11 16:38

2020-7-12 14:31

2020-7-3 14:00

2020-6-4 22:03

2020-5-1 16:21

2019-10-22 03:00

2019-10-19 22:34

2019-10-19 22:30

2019-10-17 12:19

2019-9-11 01:45

2019-8-31 19:58

2019-8-12 17:19

2019-8-9 16:22

2019-7-16 00:45

2019-3-30 20:17

2019-3-28 18:00

2019-3-20 18:42

2019-3-20 16:49

2019-1-5 06:00

2018-12-13 07:00

2018-12-12 18:15

2018-12-12 21:47

2018-12-11 12:10

2018-12-7 06:00

2018-12-6 14:30

2018-12-2 01:45

2018-11-30 01:00

2018-11-16 15:11

2018-11-9 23:32

2018-11-1 03:00

2018-10-13 23:34

2018-10-7 21:00

2018-9-28 16:30

2018-9-25 17:30

2018-9-25 14:27

2018-9-25 12:00

2018-9-11 01:58

2018-9-6 17:08

2018-9-5 00:37

2018-8-8 00:57

2018-7-24 11:36

2018-7-20 03:07

2018-7-20 00:41

2018-6-23 22:00

2018-6-13 20:24

2018-6-13 00:00

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO